On June 6, ACES participated in several presentations at the annual National Rural Utilities Cooperative Finance Corporation’s (CFC) Forum in Seattle. The CFC Forum is intended to be an opportunity for electric cooperatives to gather with other industry professionals to discuss and learn about issues and challenges in the energy industry. This year, ACES conducted …
Category Archives: Blog posts
ACES’ Commodity Trading Advisor Registration is Approved
ACES’ registration as a Commodity Trading Advisor (CTA) was approved by the National Futures Association on June 1, 2015. A CTA is an individual or organization that, for compensation or profit, advises others as to the value or advisability of buying or selling futures, options on futures, or swaps and provides advice based on knowledge …
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ACES Members Successfully Integrate Into The SPP Integrated Marketplace
On March 1, 2014, the Southwest Power Pool’s (SPP) Integrated Marketplace (a two-settlement energy and ancillary market) went live. SPP also combined the Balancing Authorities (BA) within its footprint to form a Consolidated Balancing Authority. SPP’s Integrated Marketplace is expected to have combined benefits to SPP’s Members of up to $100 million annually. ACES assisted four …
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ACES Members Successfully Implemented Into MISO South
On December 19, 2013, the Midcontinent Independent System Operator (MISO) successfully integrated a four state region, referred to as MISO South, into MISO’s existing footprint. ACES assisted with the successful implementation of two of its Members, South Mississippi Electric Power Association (SME) and Arkansas Electric Cooperative Corporation (AECC), into MISO South. The integration added approximately …
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ACES Names Michael T. Steffes Its President and CEO
ACES Board Chairman, Clifton Karnei, announced today that Michael T. Steffes has been appointed President and CEO of ACES, effective immediately. Steffes joined ACES in 1999 as Vice President of Marketing and Trading, and was promoted to Senior Vice President and Chief Operating Officer in 2002. Since the departure of ACES’ former CEO David Tudor in …
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