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Southern California Edison Implements SettleCore for Shadow Settlements

Southern California Edison (“SCE”), one of the largest utilities in the U.S., with several thousand megawatts of generation and a peak load of approximately 22,000 MW, has implemented the SettleCore – Shadow Settlements Module for their CAISO shadow settlements charge code estimation and validation processes. After a thorough testing period, today, SCE retired their legacy vendor settlement system and moved SettleCore into production as their single system of record for their back-office.

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Entegra Power Group Selects SettleCore for Scheduling and Settlements in MISO and PJM

Entegra Power Group has selected the SettleCore system for all of their scheduling, outage management, meter uploads, shadow settlements, invoicing, reporting, and Business Intelligence needs in the MISO market. SettleCore has already been installed and is currently being used by Entegra in the MISO market trials, as their Union Power Station has been transferred to the MISO balancing authority as part of Entergy’s move into the MISO.

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Power Settlements will be Demonstrating SettleCore at Upcoming Conferences: EUCI ISO/RTO Integration and the CAISO Symposium

Power Settlements announces that we will be attending two conferences in the month of October 2013. In both conferences, Power Settlements is a sponsor and will have a vendor booth where we will be demonstrating the SettleCore system. This will be a great opportunity for prospective companies to view the SettleCore system and to speak with our subject matter experts.

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High Desert Power Implements SettleCore for the CAISO Market – Our 10th CAISO Software Deployment

High Desert Power Project licensed and implemented the SettleCore – Outage Module for the CAISO markets. This module is used for the upload of resource outages to the CAISO’s SLIC APIs. Users have the option to enter outages directly into the application or through a generic Excel file template which is then imported into the SettleCore – Outage Module. This module then submits the outages directly to the CAISO’s SLIC system.

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ZGlobal Implements SettleCore for CAISO

Today, Power Settlements installed the SettleCore system at ZGlobal Engineering & Energy Solutions (“ZGlobal”). ZGlobal performs scheduling and settlement services for market participants in the CAISO. ZGlobal required an automated solution from scheduling through settlements. They selected SettleCore as the single bid-to-bill software solution to meet their CAISO needs.

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City of Pasadena Selects SettleCore for ETRM and CAISO

Power Settlements announces one of our largest projects to date.

The City of Pasadena (“Pasadena”), a publicly owned utility in Southern California that is within the CAISO balancing authority, has been a customer of Power Settlements since 2009, when they licensed a single SettleCore module.

In 2012, they performed a review of their various systems and issued an RFP with the goal of replacing multiple legacy systems with a single, completely integrated system for use by their front-office, mid-office, and back-office. After performing a thorough multi-month evaluation of some of the largest ETRM and ISO/RTO vendors in the United States, Pasadena selected SettleCore.

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Two More Customer Wins

Power Settlements Licenses its Business Intelligence and Analytics Software to Additional Customers

Power Settlements announces two more companies have selected our SettleCore – Business Intelligence and Analytics Module (“BI Module”) for resource portfolio performance analysis in ISO/RTO markets. Our second deployment of the SettleCore – BI Module occurred last week for the City of Riverside. Additionally, a third power company has selected this module and scheduled the deployment in early 2013.

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