PowerCore Goes Live in the Northeast Settling Complex Transmission Invoices for Market Participants

Stuart Writght on October 21, 2024

Glendora, California – One of the largest investor-owned utilities in the United States and the largest transmission system owner/operator in New England (“Client”), has chosen the PowerCore™ software platform to streamline its end-to-end transmission billing and invoicing processes.

PowerCore is the mission-critical, bid-to-bill software platform from Power Settlements (a Yes Energy company). The Client selected PowerCore’s TransmissionCore module following a competitive, rigorous bidding process involving several leading energy industry software providers. PowerCore emerged as the Client’s choice by offering the most comprehensive, best-of-breed solution at the lowest total cost of ownership.

The Client and Power Settlements deployed PowerCore on its state-of-the-art hosted infrastructure on time and on budget, enabling the generation of transmission invoices in a more efficient, accurate, and timely manner. Further, the advanced functionality and processing speed of PowerCore now frees up valuable resources and time that the Client can redirect toward other crucial enterprise initiatives.

Jason Hebert, Senior VP of Power Settlements noted,

“Power Settlements is well known for providing complex settlement solutions for large investor-owned utilities, municipalities, and cooperatives in the West, and we are very excited to demonstrate its capabilities as we expand to markets in the East.”

This project is another compelling testament to the capabilities of PowerCore and the deep subject matter expertise of the Power Settlements team who have developed PowerCore to save ISO/RTO and bilateral market participants scarce staff and budgetary resources while offering them easy scalability for future growth in a rapidly evolving energy landscape.

Yes Energy Acquires Power Settlements, Provider of the Leading Bid-to-Bill Platform for Power Market Participants

mwcms on April 24, 2024

Boulder, Colorado – Yes Energy, a leader in power markets data, today announced the acquisition of Power Settlements. The combination of Power Settlements and Yes Energy will add value for physical power asset owners and operators by providing near real-time performance tracking and portfolio analysis tools alongside comprehensive Independent System Operator (ISO) market data and analysis tools. The addition of a bid-to-bill software system will provide power market participants an end-to-end solution, streamlining the data analysis, trade submission and portfolio analysis workflows for physical power transactions, primarily in Western markets (CAISO, WEIM, as well as MISO).

Read the full press release.

Michael McNair, CEO of Yes Energy commented:

“The Power Settlements acquisition will enable us to help our existing customers with a broader set of the functionality needed for day-to-day participation in the power markets, as well as support a rapidly growing number of market participants. Providing a comprehensive workflow solution to our customers requires supporting all types of market participant ISO and bilateral transactions. We can make this possible by combining Yes Energy’s robust data, analytics and forecast offerings with Power Settlements’ comprehensive market transaction services. Together, we can ensure customers have the right tools to optimize their physical and financial portfolios. Transactions are arguably the most important part of the workflow in the complex nodal markets, and working together, we believe we can provide an exceptional and reliable service for all RTOs.”

Michael McNair
CEO of Yes Energy

Founded in 2007, Power Settlements develops and refines software that streamlines and automates energy supply operations, enhances user experience and productivity, and delivers high ROI and bottom-line results to maximize enterprise success. Power Settlements strategically partners with power market participants to deliver the tools and insights required to improve and achieve a renewable, resilient energy future.

“Yes Energy has traditionally supported analytics and portfolio management services for the financial side of our customers’ books, i.e. virtual and FTR transactions. The Power Settlements team brings extensive market expertise and valuable solutions that will enable us to better serve our customers’ physical transactions as well,” added McNair. “Additionally, Power Settlements’ deep commitment to customer service aligns well with Yes Energy’s commitment to help our customers Win the Day Ahead™. We have completed several acquisitions lately, but one thing they all have in common is that they are all customer-first organizations.”

David Dan, President of Power Settlements added:

“Our deeply experienced team of business analysts, software developers and project managers has always been committed to the accuracy, reliability and ease of use with our solutions. We are proud to be joining the Yes Energy team, which is equally committed to those values as we look for new opportunities to serve participants in deregulated power markets.”

About Power Settlements
Power Settlements provides software solutions to energy companies that participate in organized wholesale power markets. Power Settlements’ SettleCore™ system is a leading bid-to-bill system that incorporates robust functionality for bidding, scheduling, ISO data downloading, shadow settlements, reporting, and visual analytics. SettleCore™ is in use at investor-owned utilities, municipalities, cooperatives, independent power producers, community choice aggregators, and hedge funds. Power Settlement’s staff is comprised of business analysts and software developers who have deep experience in deregulated power markets. For more information, visit powersettlements.com.

About Yes Energy
Yes Energy is a leader in power market data and provides innovative solutions to help traders, power companies, utilities and asset developers make sense of the complex, rapidly changing power market. Yes Energy provides robust, accurate and timely data, and comprehensive tools to help customers navigate the markets and make the right decisions every day. It’s time to Win the Day Ahead™ and only Yes Energy provides customers with the unique combination of better data, better delivery, and better direction needed to do that. Learn more at yesenergy.com.

Media Contact
Gerard Laurain
VP, Marketing

(720) 234-2794

Idaho Power Company Goes Live With Back-Office Solutions From Power Settlements

mwcms on February 7, 2024

Glendora, California – Idaho Power Company (IPC), which has been a customer of the analytics and reporting capabilities of Power Settlements since 2018, recently expanded its use of the SettleCore™ software platform by implementing its Shadow Settlements, EIM Sub-Allocations, and Contract Billing modules. This enhanced functionality helps IPC automate, optimize, and manage its back-office and settlements functions for participation in the California ISO (CAISO) Western Energy Imbalance Market (WEIM). IPC’s use of SettleCore™ also encompasses settlements and invoicing of its WEIM transmission customers.

Jennifer Gerard, Operations Settlement Lead at IPC, conveyed the details around the expansion of the SettleCore™ footprint:

“Since IPC joined WEIM, we’ve been using SettleCore ™ for dispatch analysis, reporting, and other market analytics needs. There was a need to streamline existing analytics processes with our shadow settlement review, and to perform subsequent transmission customer invoicing – all within one system. Since the Power Settlements staff had proven to be knowledgeable on CAISO/WEIM market rules and provided us with a high level of user support, we recently added the WEIM Shadow Settlement, EIM Sub-Allocation, and Customer Invoicing modules to our existing SettleCore ™ application. We are using these modules to enhance our current processes and create efficiencies as we review and validate market data results.”

Jenny Gerard
Operations Settlement Lead at IPC

“IPC and Power Settlements have been working successfully together since they joined the Western EIM,” said PSCS Senior VP, Jason Hebert. We’re proud of the work we’ve accomplished together and are excited that our partnership is growing in ways that will help IPC prepare for the next stages of the WEIM or Southwest Power Pool’s (SPP) Markets+. In either case, SettleCore™ will seamlessly adapt and be ready to go.”

Idaho Power is headquartered in the vibrant and fast-growing city of Boise, and has been a locally operated energy company since 1916. Today, it serves a 24,000-square-mile area in Idaho and Oregon. The company’s goal to provide 100% clean energy by 2045 builds on its long history as a clean-energy leader that provides reliable service at affordable prices. With 17 low-cost hydroelectric projects at the core of its diverse energy mix, Idaho Power’s residential, business and agricultural customers pay among the nation’s lowest prices for electricity. Its 2,000 employees proudly serve more than 620,000 customers with a culture of safety first, integrity always and respect for all. IDACORP Inc. (NYSE: IDA), Idaho Power’s independent publicly traded parent company, is also headquartered in Boise, Idaho. To learn more, visit idahopower.com or idacorpinc.com.

Eugene Water & Electric Board (EWEB) Selects Power Settlements’ CAISO Market Participation & Transmission Settlements Software

mwcms on January 30, 2024

Glendora, California – Eugene Water & Electric Board (EWEB) has selected the SettleCore™ software platform from Power Settlements (PSCS) to manage its market and transmission settlements, as well as shadow settlements in the California ISO (CAISO) Western Energy Imbalance Market (WEIM). Power Settlements is the leading provider of software solutions to CAISO and EIM market participants and was chosen by EWEB following a detailed evaluation of multiple vendors using a competitive RFP (request for proposal) process.

EWEB’s implementation of SettleCore™ (on the PSCS-hosted infrastructure) began in the fourth quarter of 2023 with a planned go-live in early 2024 and will meet EWEB’s business requirement for a single system to optimize settlements, analytics, and reporting in the CAISO market. Further, EWEB will leverage SettleCore™ to settle transactions and shadow CAISO market and transmission invoices from major participants in the WEIM, including the largest transmission provider in the Pacific Northwest.

Jason Hebert, Senior VP of Power Settlements noted,

“Adding EWEB to our growing list of clients in the West reinforces Power Settlements’ position as the leading supplier of software solutions for both CAISO WEIM and MRTU participants. SettleCore™ significantly helps WEIM players shadow the bilateral settlement invoices that they receive from the BA (Balancing Authority) since those settlement rules can be extraordinarily complex and accompanied by vast amounts of data. Having EWEB choose to work with our team to manage mission-critical workflows is very gratifying.”

About Eugene Water & Electric Board
The Eugene Water & Electric Board (EWEB) is Oregon’s largest customer-owned utility. Founded in 1911, EWEB provides water and electricity to approximately 96,000 customers in the Eugene-Springfield area. EWEB’s service area covers 236 square miles with a population of more than 200,000 people, including major institutions such as the University of Oregon. Employing approximately 500 people, EWEB serves the people of Eugene by embodying core values of safety, reliability, responsibility, and community. EWEB owns four energy generation facilities, including hydroelectric projects on the McKenzie and Clackamas Rivers, and leads watershed protection measures with local landowners and environmental organizations. With one of the greenest energy supplies in the nation, approximately 90% of EWEB’s power comes from carbon-free sources, and EWEB is committed to achieving a 95% carbon-free energy portfolio by 2030. To learn more, please visit our website.

Arizona Electric Power Cooperative (AEPCO) Chooses Power Settlements to Help Manage Participation in the California ISO’s Western Energy Imbalance Market

mwcms on December 17, 2023

Glendora, California – Arizona Electric Power Cooperative (AEPCO), a sub-BA area within the WAPA Desert Southwest Region, has selected the PowerCore software platform from Power Settlements (PSCS) to manage its market participation in the California ISO (CAISO) Western Energy Imbalance Market (WEIM). Power Settlements is the leading provider of software solutions to CAISO market participants and was chosen by AEPCO following a detailed evaluation. AEPCO licensed several components of PowerCore including, ISO Downloader, Visual Analytics, Shadow Settlements, and Settlement Analyzer.

AEPCO went live in the WEIM in April 2023 following three years of research, planning, and intensive preparation. After beginning WEIM operations, AEPCO recognized a gap in its existing software ecosystem that could be filled by PowerCore. AEPCO began implementing the system in the 3rd quarter of 2023, and within weeks, PowerCore was fully operational.

AEPCO Energy Services Administrator, Tara Davis, commented on the selection of Power Settlements, noting,

Power Settlements’ PowerCore technology is one-of-a-kind. We were at first overwhelmed with the amount of data used in the structured markets to determine and calculate charge codes, but PowerCore accelerated our position from novice to intermediate on day one. It delivers a level of trust and expertise that makes it ideal for any level of user right out-of-the-box. The Power Settlements staff were continually committed to AEPCO’s successful transition during our market implementation, and the firm offers a variety of tools to make anyone a power user.”

Tara Davis
AEPCO Energy Services Administrator

Jason Hebert, Senior Vice President of PSCS stated, “Adding AEPCO to our growing list of clients in the West reinforces Power Settlements’ position as the leading supplier of software solutions for both CAISO WEIM and MRTU participants. PowerCore significantly helps WEIM participants operate more efficiently by providing ISO data visualization in near real-time as well as in-depth Shadow Settlements and CAISO reporting. We really enjoy working with AEPCO’s staff and look forward to providing them superior software and customer support for years to come.”

About Arizona Electric Power Cooperative (AEPCO)
AEPCO is the not-for-profit generation and transmission cooperative providing wholesale power, transmission, and energy trading services to six member-owner distribution cooperatives, which serve about 420,000 consumers in Arizona, Southern California, and Western New Mexico. AEPCO also provides transmission and energy trading services to cooperatives, public power utilities, and water utilities in Arizona, Nevada, and Southern California. AEPCO operates in tandem with Sierra Southwest Cooperative Services in Benson, Arizona, under the umbrella “Arizona G&T Cooperatives”. AEPCO owns and operates the 625-megawatt Apache Generating Station. To learn more, please visit our website.

Arizona Public Service Company Reaps Significant Benefits Managing Complex Third-Party Contract Settlements Using PowerCore™ Contract Billing

mwcms on August 13, 2023

Glendora, California – Arizona Public Services (APS) has transformed its management of complex third-party bilateral contract settlements by expanding its PowerCore software platform footprint with Power Settlements. APS recently went live with PowerCore’s Contract Billing Module (CBM), a comprehensive billing engine that models power purchase agreements (PPAs), tolling agreements, transmission bills, and other complex contracts to easily generate invoices (or shadow invoices) from third parties.

“The PowerCore platform’s ContractCore module has been highly beneficial in processing 500+ invoices each quarter. Before implementation, this process took 5-8 business days to complete, but after deploying ContractCore, it takes only 4-5 hours. The meter data validation, calculation capability, invoice creation/approval, and email generation process have helped streamline our invoicing process by eliminating manual work. The Power Settlements team worked hard to ensure our requirements were well-understood and provided the solutions we needed.”

Tuan Thai
APS Back-Office Subject Matter Expert

David Dan, PSCS CEO stated, “Our team is proud to have this opportunity to grow our partnership with APS. Our Contract Billing Module allows them to seamlessly manage the settlement of a wide array of complex contracts with advanced functionality in a secure, traceable, auditable ecosystem. And APS’s staff can quickly access, retrieve, and mobilize all their data in any desired format.”

About Arizona Public Service
Arizona Public Service (APS)  serves nearly 1.3 million homes and businesses in 11 of Arizona’s 15 counties, and is a leader in delivering affordable, clean and reliable energy in the Southwest. The company is committed to serving customers with 100% clean power by 2050. As owner and operator of Palo Verde Generating Station, the nation’s largest producer of carbon-free electricity, and with one of the country’s most substantial renewable energy portfolios, APS’s current energy mix is 50% clean. With headquarters in Phoenix, APS is the principal subsidiary of  Pinnacle West Capital Corp . (NYSE: PNW). 

Terra-Gen Launches PowerCore™ To Manage its Battery and Hybrid Asset Bidding and Scheduling in the CAISO

mwcms on July 5, 2023

Glendora, California – Terra-Gen, LLC (Terra-Gen), a leading developer and operator of clean energy projects across North America, has launched the PowerCore software platform from Power Settlements Consulting & Software (PSCS) to manage the bidding and scheduling of its portfolio of solar and clean storage (battery) resources within the California ISO (CAISO) energy market. Terra-Gen’s growing asset base includes solar and wind resources as well as 1,500 MW of energy storage with another 1,000 MW coming online within the next two years. The firm is now in production use of PowerCore for all of its CAISO market participation. The PowerCore platform modules that Terra-Gen has implemented include:

  • Trade Capture
  • Bidding Module
  • Scheduling Module (including Dynamic Limits Hybrid Submission)
  • Position Management
  • Visual Analytics
  • ISO Downloader
  • Settlements Analyzer
  • Shadow Settlements
  • Contract Billing (for complex bilateral settlements and invoicing)

Power Settlements was the clear choice to provide us with comprehensive bid-to-bill functionality that could handle our complex renewable bidding and settlements requirements for the CAISO market. They worked closely with us throughout the implementation process to meet all our specific requirements, and the Terra-Gen team has already derived significant benefits in multiple areas. The PowerCore modules we licensed have helped us more quickly bid, analyze, optimize, and report on the performance of our renewable and hybrid fleet, significantly enhancing our CAISO market participation and, ultimately, the more efficient delivery of clean energy to customers.”

Ryan Miller
Terra-Gen Manager of Scheduling

Jason Hebert, Senior Vice President with PSCS added, “Terra-Gen is an exemplary customer in its use of PowerCore.  Their staff leverages the platform for all front-office requirements, including the automation of bid strategies to create day-ahead and real-time bid/offer curves for their complex hybrid generation assets, and then submitting the bids and schedules to the CAISO’s SIBR system. They also use PowerCore’s Visual Analytics module to monitor their performance. Additionally, Terra-Gen deployed PowerCore for their back-office needs including full CAISO shadow settlements, automation of complex bilateral counterparty settlements and invoicing (for PPA agreements), and ISO reporting. We’re excited about this successful go-live and look forward to supporting Terra-Gen’s CAISO market participation.”

About Terra-Gen, LLC
A leading U.S. developer, owner, and operator of utility-scale renewable energy projects in North America. Terra-Gen owns approximately 3.3 GW and 3,800 MWh of wind, solar and energy storage capacity in operation and construction across 28 renewable power facilities throughout the U.S. Our firm was formed in 2007 and is owned by ECP, a leading investor and facilitator of the energy transition, and Igneo Infrastructure Partners, a premier global investment manager with more than $15 billion in direct infrastructure assets.  For more information, visit www.terra-gen.com.

El Paso Electric Company Accrues Significant Benefits in the Western Energy Imbalance Market (WEIM) After Launching PowerCore™ from Power Settlements

mwcms on May 7, 2023

Glendora, California – El Paso Electric Company (EPE) has implemented the comprehensive, cloud-based PowerCore™ software platform from Power Settlements. EPE chose PowerCore after a competitive selection process involving multiple vendors and is currently utilizing several of the platform’s modules to automate, optimize, and manage its front-office analytics, reporting, and back-office settlements for both the PRSC (merchant) and EESC (transmission) scheduling coordinators.

The PowerCore modules that EPE implemented include:

  • ISO Downloader (to download 100% of ISO data and perform reporting)
  • Visual Analytics (front-office and back-office dashboards, as well as real-time P&L analysis)
  • E-Tag Reporting (NERC/NAESB e-Tag integration and feature-rich reporting)
  • Meter Submission (integration and validation of internal meter data and ISO submission)
  • Settlements Analyzer (to compare ISO vs. shadow and view billing determinants)
  • Shadow Settlements (pre-settlements and statement validations)
  • EIM Sub-Allocations (OATT ISO statement allocation to transmission customers)
  • Contract Billing (complex bilateral settlements and counterparty invoicing)

Ana Boisselier, EPE Energy Accounting & Credit Supervisor spoke about the PowerCore rollout.

With EPE joining the Energy Imbalance Market (EIM), the company needed a settlements application that could support the new EIM settlements functions. PowerCore from Power Settlements provided this support. The functionality from Power Settlements was not limited to the settlements processes, but also provided help with visual analytics and metering submission. The implementation process was seamless and efficient, thanks to the dedicated and responsive support from the Power Settlements team. From the initial onboarding to the final go-live, Power Settlements provided exceptional guidance and assistance at every step. The software was tailored to EPE’s specific needs, and the customization options were extensive, allowing EPE to streamline the settlements processing workflow to a whole new level.

One of the standout features of PowerCore is its user-friendly interface. The intuitive design and navigation made it easy for the EPE team to adapt to the new system, reducing the learning curve and ensuring smooth adoption across the organization. PowerCore’s robust functionality enabled EPE to automate various manual processes, resulting in increased efficiency and accuracy in settlements processing.
Moreover, the level of support EPE received from the Power Settlements team during the implementation has been exceptional. Their responsiveness and willingness to address any questions or concerns was exemplary. Power Settlements consistently went above and beyond to ensure EPE’s satisfaction with PowerCore.

In summary, the implementation of PowerCore has been a success for EPE. The software transformed EPE’s settlements processing operations, bringing increased efficiency, accuracy, and visibility. The seamless implementation process, user-friendly interface, robust functionality, and excellent support from the Power Settlements team made it a truly positive experience. EPE highly recommends PowerCore from Power Settlements to any financial institution seeking a reliable and effective solution for EIM settlements processing.”

Ana Boisselier,  EPE Supervisor of Energy Accounting & Credit

David Dan, Power Settlements CEO added, “We look forward to working with El Paso Electric over the long-term to help them achieve their enterprise goals and capture all the benefits of participating in the Western EIM. Power Settlements truly values this new partnership, which has helped us further cement our status as the dominant software provider to CAISO MRTU and WEIM participants.”

Nearly 85 percent of WEIM participants are now Power Settlements clients. They rely on the PowerCore platform’s broad array of mission-critical capabilities, and the deep subject matter expertise of PSCS’s staff to extract the maximum benefit possible from their market operations.

About El Paso Electric
El Paso Electric is a regional electric utility providing generation, transmission, and distribution service to approximately 450,000 retail and wholesale customers in a 10,000-square mile area of the Rio Grande Valley in west Texas and southern New Mexico. To learn more, visit https://www.epelectric.com.

Californa CCAs, Marin Clean Energy, and CleanPowerSF, Select Power Settlements for their CAISO Settlements, Reporting, & Bilateral Settlement Automation

mwcms on November 4, 2022

Glendora, California – Power Settlements, a leading software solution provider of cloud-hosted software for managing market participation and settlements in ISO/RTO markets, announces that two Community Choice Aggregators, Marin Clean Energy (MCE) and Clean Power San Francisco (CleanPowerSF), have selected Power Settlements for providing CAISO Settlements, Contract Billing, and Reporting software.

Both MCE and CleanPowerSF are part of the Community Choice Aggregation (CCA) program in California.  CCAs have specific requirements to help with their participation with CAISO to be more efficient.  Power Settlements’ platform PowerCore, is uniquely suited for meeting these requirements. 

First, PowerCore interfaces with CAISO to bring in all the available data. This allows CCAs to have a single source for their data and participation with CAISO.

Second, the PowerCore supports all settlement-related charges and will also help to provide all the supporting data in case there is a dispute with the ISO. 

Third, PowerCoreprovides a calculation engine that allows CCAs to support any complex bilateral counterparty PPAs, or other contracts that need to be settled.

Lastly, PowerCore supports a full reporting engine to customers (inclusive of API integration, database access, and file extraction to Excel CSV) to enable users to easily extract the data from PowerCore and develop customer-specific reports, invoices, graphs, and tables.

“The Power Settlements PowerCore system provides an excellent solution to meet the needs of CCAs that is not only economical but also provides the best customer support including our daily processing.  No other company is as focused on CAISO as Power Settlements or can match our level of support and expertise on the CAISO market”, said David Dan, Founder and President of Power Settlements.

Today, more CAISO market participants, like CCAs, use Power Settlements than any other software vendor for back-office settlement-related solutions.  Our latest technology allows for the rapid deployment and maintenance of complex settlement calculations for the reconciliation, data validation, and/or approvals of CAISO shadow settlements, PPAs, EMAs, transmission invoices, and other complex contract workflows.  Power Settlements has an unprecedented 100% referenceable client base, an outstanding support team, and cutting-edge solutions that are rapidly deployable, flexible and easy to use.


About MCE


MCE is a not-for-profit public agency that has been setting the standard for clean energy in California since 2010. MCE offers 60% renewable power at stable rates, significantly reducing greenhouse emissions and reinvesting millions in local programs. Serving a 1,200 MW peak load, MCE provides electricity service and innovative programs to more than 575,000 customer accounts and 1.5 million residents and businesses in 37 communities across four Bay Area counties: Contra Costa, Marin, Napa, and Solano. For more information about MCE, visit mceCleanEnergy.org, or follow on Facebook, LinkedIn, Twitter, and Instagram.


About CleanPowerSF


CleanPowerSF, San Francisco’s community choice aggregation program, began serving customers in 2016 with a mission to provide San Francisco residents and businesses with clean, renewable electricity at competitive rates. Today, CleanPowerSF serves about 385,000 customer accounts and offers 50% and 100% California Renewable Portfolio Standard eligible renewable electricity service options. Over the past six years, CleanPowerSF has helped reduce greenhouse gas emissions from electricity use by 94% from 1990 levels.


About Power Settlements


Power Settlements is a leading cloud and on-premises software provider that specializes in providing solutions to energy companies that participate in the ISO and RTO physical power markets. Our flagship software solution is SettleCore, a modular platform that allows customers to select the modules that they need and to keep up with the evolving energy markets.


All the SettleCore modules are fully integrated in a single platform using the SQL Server database which provides for full auditability, traceability, and user security roles. To learn more, go to www.powersettlements.com or follow us on LinkedIn (@Power Settlements Consulting and Software).

Avista Corporation Implements the SettleCore System in the Western EIM

mwcms on March 11, 2022

Glendora, California – Avista Corporation (“Avista”) has gone live in the Western Energy Imbalance Market (“EIM”) with the Power Settlements (“PSCS”) SettleCore system, including both Visual Analytics and ISO Settlements operations.“Power Settlements has been an excellent business partner and has consistently gone above and beyond from a customer service standpoint. From timely communication, thoughtful collaboration, helpful training, friendly staff members, and quick responses and resolutions, Power Settlements represents what a first-class vendor stands for. The SettleCore system provides a full-suite solution that supports Avista’s real-time operations insights, post-market analysis, settlements shadow and validation, billing and invoicing, benefit calculation as well as any customization capabilities that are required. The SettleCore system is very intuitive to analytical minds showing the vendor focuses on anticipating end-user needs.  Avista could not be more pleased with our decision to choose Power Settlements and their solutions to support our Settlements and Analytics functions in the WEIM” said Xin Shane, the Manager of EIM Settlements, and James Dykes, the Manager of EIM Technology Operations Lead.Power Settlements was selected by Avista through a competitive Request for Proposal (RFP) process for software to manage the WEIM integration for both EESC and PRSC back-office operations including Shadow Settlements and ISO Settlement Statement Validations, EIM Sub-Allocations, Contract Billing, Etag integration, and Reporting.  Additionally, Avista procured Power Settlements’ Visual Analytics Module dashboard which provides a 360-degree view display of each of the customer’s unit and portfolio. The Visual Analytics Module includes both a near real-time view for real-time operations with built-in deviation analysis and PNL analysis functions, as well as a post-analytics view the following morning. Avista is also utilizing the SettleCore – ISO Downloader Module for downloading all of its CAISO data and reporting needs, the Etag Reporting Module for NAESB/NERC Etag integration and reporting, the Shadow Settlements Module for pre-settlement calculation and statement validations, the Settlements Analyzer Module for comparing any two Settlement statements to each other and drilling-down to the most granular billing determinants, and the EIM Sub-Allocations and Contract Billing Modules for billing and generating invoices to send to their transmission customers.“We are pleased to have helped Avista with their successful market go-live with WEIM. Avista is a great partner, and we look forward to providing superior support to them for many years to come,” said David Dan, CEO of Power Settlements.  About Avista Corporation (Avista)Avista Corporation is an electric and natural gas utility company. The Company’s segments include Avista Utilities and Alaska Electric Light and Power Company (AEL&P). Avista Utilities segment provides electric distribution and transmission and natural gas distribution services in parts of eastern Washington and northern Idaho and northeastern and southwestern Oregon. The segment also engages in wholesale purchases and sales of electricity and natural gas as an integral part of energy resource management and its load-serving obligation. The AEL&P segment is a regulated utility providing electric services in Juneau, Alaska. Its regional services include government and higher education, medical services, retail trade and finance. It also has other businesses, including venture fund investments, real estate investments, as well as certain other investments made by Avista Capital, which is a subsidiary of the Company.About the SettleCore System by Power SettlementsPower 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, 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 a 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 module is 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 using the SQL Server database which provides for full auditing, tracking, and user security roles.