TRELLIS Energy reports that the latest version of its platform (Trellis 6.0) is the first to become 100 per cent compliant with the North American Energy Standards Board (NAESB) Wholesale Gas Quadrant Standards version 3.0.
NAESB is an industry forum that develops standards that lead to a seamless, secure and accountable marketplace for wholesale and retail natural gas and electricity. All interstate US pipelines were scheduled to comply with the revised standards beginning on April 1, 2016.
Over the course of the last year, Trellis worked with a number of multinational pipeline operators to develop a compliant platform. Initially implemented for a FERC regulated pipeline in the first quarter of 2016, Trellis says it is now offering the industry-proven solution as part of the commercially available Trellis platform.
Among other changes, updates to the NAESB standard include a requirement that natural gas pipelines add an intraday nomination cycle to help synchronise all interstate gas pipelines. This means that pipelines will now have to confirm and schedule five times a day instead of four times previously.
“This is not a trivial change, by any means,” said Rakesh Agarwal, CEO and president, Trellis. “Natural gas pipelines run like a web across the entire country and are governed by complex regulations that differ between states. Adding in an additional nomination cycle has a direct impact and consequence on interconnecting pipeline processes for operators. With the successful implementation of this solution at some of the largest pipelines in the US, we are now able to offer this technology to all of our current and future customers. Trellis customers can simply deploy the latest version of our platform to immediately become compliant.”
In addition to compliance with NAESB 3.0 standards, Trellis’ 6.0 platform offers:
- An integrated Information Posting Website: Trellis 6.0 introduces an Informational Posting website unified within the single platform management console. All transactions flow from the platform directly to the NAESB compliant informational posting website. Companies will no longer need to build separate non-secure EBB websites, craft complex integrations, upload files or commit extra budget to ensure that the data on the required informational posting site correctly reflects the data from their internal systems; this is done automatically and seamlessly in the Trellis platform.
- A built-in Electronic Data Interchange (EDI) Platform: Integration with third-party systems and trading partners is made even easier with an EDI platform built right into the Trellis software. Transactions within the system are automatically converted into X12 EDI format for seamless workflow.
Various data sets, including nominations, confirmations, notices, and capacity release fully support NAESB 3.0 compliance requirements. After deployment or update to Trellis 6.0, it is a simple configuration change for customers to add in new EDI partners.
- Additional improvements across various modules such as contracts, nominations, scheduling, and allocations. The single platform command center look and feel and usability are greatly improved in this latest version and updated events based email notifications and reporting enhancements make it much easier for internal and external users to complete their tasks efficiently.