Arizona Public Service (“APS”), a utility serving approximately 2.7 million Arizonans, has implemented the Power Settlements’ SettleCore – Visual Analytics Module for real-time PNL reporting and position management. Visual Analytics allows APS to analyze EIM and internal data including schedules, real-time dispatch, meter, pricing, position management, and profits and losses in a single graphical interface, as well as the EIM Benefits counterfactual shadow calculation to compare to the CAISO’s published EIM Benefits numbers. APS uses the SettleCore – Settlements Analyzer Module for drilling into the CAISO-published settlement statements, billing determinants, and invoices and to analyze differences between settlement statement versions.
The SettleCore – Visual Analytics Module is a dashboard that displays the customer’s EIM data in a single screen for analysis of either the current day’s real-time data in the Real-Time screen or historical days in the Historical Analytics screen (post-analytics). This module graphically displays base schedules, market awards, dispatches, LMPs, unit parameters, and outage information, among other data sources. The customer’s internal meter data is imported to provide a real-time view of imbalance energy (uninstructed deviations), and the solution provides a snapshot of the customer’s PNL in the EIM.
Adam Wardell, Leader – Energy Accounting & System Reporting at APS said the following about the benefits provided to APS by the SettleCore system, “The SettleCore Visual Analytics Module offers the ability for APS to utilize programmable validation rules to alert unusual market results. These business rules allow for complex datasets to be created from both CAISO data and external interfaces, producing a highly customizable and interactive analysis tool. This enables relevant market data to be efficiently compiled, analyzed, and flagged for further follow-up. The SettleCore platform fosters better collaboration between the operations and settlements business areas, helps identify areas for operational improvement, and provides improved detection and support of CAISO settlement disputes for increased cost recovery.”
About Arizona Public Service (APS)
APS generates clean, reliable and affordable energy for 2.7 million Arizonans. Our service territory stretches across the state, from the border town of Douglas to the vistas of the Grand Canyon, from the solar fields of Gila Bend to the ponderosa pines of Payson. As the state’s largest and longest-serving energy provider, our 6,300 dedicated employees power our vision of creating a sustainable energy future for Arizona.
About the SettleCore System by Power Settlements
Power Settlements is a software company that specializes in providing software solutions to energy companies that participate in the ISO and RTO physical power markets. Our flagship product SettleCore™ is a leading platform for participants in the ISO and RTO Markets. The SettleCore ISO/RTO modules enable full bid-to-bill functionality from bid submission through data downloading, reporting, and shadow settlements and settlement statement validation in the ISO markets. The SettleCore Visual Analytics Module is the leading visual dashboard for analysis of ISO dispatch and automatic flagging of events to avoid costs and highlight trading opportunities. Visual Analytics displays data in both an historical screen as well as an on-demand real-time screen. The SettleCore ETRM system includes a very robust, modular and fully integrated Energy Trading and Risk Management system, which includes power and natural gas deal entry for transactions in ISOs as well as bilateral transactions outside ISOs, settlements and invoicing, mark-to-market, the enforcement of counterparty credit and trader limits and risk management analytics. The SettleCore Etag modules are a fully compliant NAESB Tag Agent and Tag Approval service that supplies unparalleled access to Etag data. All of the SettleCore modules are fully integrated in a single system built in Microsoft .Net, using the SQL Server database which provides for full auditability, traceability, and user security roles.