Platform Overview
PowerCore™
Amplify your enterprise capabilities with the industry’s premier software platform.
PowerCore™ is a platform of flexibly deployed, integrated solutions elevating how energy supply organizations manage bid-to-bill operations in ISO-controlled and bilateral markets worldwide.
All-Functionality in One Enterprise Platform
PowerCore can be quickly deployed in a hosted, on-site, or hybrid environment. Its six integrated, multi-functional components may be implemented individually or all together based on today’s needs, and then easily scaled up as enterprise requirements evolve.
PowerCore licensing is easy with clear pricing options and no hidden fees.
The PowerCore Service & Support
PowerCore stands apart with superior capabilities and valuable service components that surround it, including:
- Superior client service with 24/7 support
- 100% remote system management
- Users communicate directly with PowerCore developers
- No-cost software updates for ISO market changes
- “ISO Downloader” automatic data collector
- Daily “Data Inventory Verification” Service” verifies successful data imports
Contract-Core
Schedule-Core
Settle-Core
Analytics-Core
Transmission-Core
ETRM-Core
Who Uses PowerCore™?
PowerCore incorporates great versatility to meet an array of needs for many organizations. The platform is deployed at dozens of companies representing multiple sectors of the wholesale energy economy, including:
- Investor-Owned Utilities
- Cooperative Utilities
- Public Power Utilities
- Power Marketers
- Community Choice Aggregators
- Battery Storage Operators
- Renewable Project Operators
- Independent Power Producers
- Balancing Authorities
- Hedge Funds
“We have been using Power Settlements for almost a year […] and are excited with how much we can do! […] With their customer service and array of software products, we know we’ll be able to accommodate any new changes that come our way.”
Kyle Hastings
Electric Utility Senior System Operator
City of Redding
Why Use PowerCore™?
PowerCore improves enterprise performance and bottom-line results for ISO and bilateral market participants. Its broad capabilities, “plug and play” modularity and easy scalability deliver a significant ROI and affordable Total Cost of Ownership (TCO).
Improve & Optimize Operational Excellence
Use PowerCore for bilateral and ISO/RTO front, mid, and back-office operations. From submitting schedules to settlements and invoicing, PowerCore prevents costly inefficiencies and improves company P&L.
Elevate Data Analytics & Enterprise Value
PowerCore’s advanced data capabilities, workflow management, advanced analytics, and superior processing speeds deliver more penetrating insights into market trends and enterprise performance.
Build Competitive Advantages & Better Manage Risks
Next-generation automation and analytics in PowerCore help anticipate market conditions, improve resource allocation, reduce operating costs, and fortify short-to-long-term planning and risk management.
Create More Value for Stakeholders & Customers
Capture more market benefits and deliver enhanced services (e.g., better settlements and invoicing) leading to improved satisfaction and loyalty among customers and stakeholders.
Ensure Accuracy in Reporting & Compliance
Leverage highly robust data management functionality and precise, expansive reporting to minimize non-compliance risks, safeguarding organizational efficacy and performance.
Enhance Resource Management & Sustainability
Better utilize staff resources along with generation and transmission asset portfolios to seize all available market opportunities, reduce waste, and improve sustainability.
Transform the way you operate in energy markets
PowerCore is a cloud-based, modular, highly-flexible software platform for small-to-large organizations participating in ISO/RTO-controlled or bilateral energy markets.
PowerCore™ System Benefits
Many PowerCore customers licensed the platform to replace software systems from well-known providers or to supplant their in-house developed tools that became too challenging to maintain. Key PowerCore differentiators include:
Flexible, Tailored Implementation
PowerCore can be deployed to fit your enterprise requirements.
- Fully hosted by Power Settlements
- Installed on-premise
- Hybrid (on-site with 100% remote support by Power Settlements)
System Modularity & Rapid Scalability
Pay only for the functionality you need today, and easily add more when organizational and market changes warrant. Ensure a perfect system-to-business fit at every stage of your enterprise’s lifecycle.
Unrivaled Calculation & Reporting Speed
Efficiently process large data volumes across multiple entities and portfolios. Screens and dashboards refresh fast, while reports run quickly to speed the dissemination of market insights.
100% Managed & Remotely Administered
- For cloud-based deployments, Power Settlements performs 100% of all support and maintenance.
- For hybrid deployments, a customer’s only IT staff responsibility is to ensure that local servers are up and available.
An Engaging User Experience
Boost analytical creativity and productivity with an on-screen ecosystem generating swift, precise, refined results that propel your business forward.
“ISO Downloader” Automates Market Data Collection
Bypass slow market portals to automate the daily collection of data such as bids, offers, prices, awards, meter and outage data, and more.
- ISO Downloader is ready “out of the box” with APIs for fast integration.
- Select configuation options for preset and customizable downloads.
- Data is easily and quickly analyzed in pivot tables and exportable to Excel or other database files for further examination.
“Daily Data Loading Verification Service”
Every morning, all ISO/RTO data are ready for immediate use. If any automated downloads fail, Power Settlements steps in to re-initiate and finalize them. Once completed, business and IT users receive email alerts confirming that automated data downloads were successful.
Advanced Reporting & Visual Analytics
Assess market, portfolio, and overall enterprise health in near-real-time.
- ISO/RTO market data merges with internal operational and performance metrics to visually reveal P&L-focused company vital signs that enable precise, strategic adjustments toward optimal organizational efficiency.
- Easily build custom reports from the ground up or modify and save any standard report from a large library. The results of any analysis can be quickly generated, exported, and shared across functional groups to educate the collective mind-space and optimize enterprise performance.
“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
Manager of Scheduling
Terra-Gen, LLC
Licensing PowerCore™
PowerCore delivers compelling value not only because of its superior functionality, but also due to the highly engaged customer support, and other tangible benefits that surround a license to the platform, including:
Straightforward, Simple Pricing
Power Settlements has an uncomplicated pricing model. License the platform on a perpetual or subscription basis with no hidden fees.
Developers Directly Support Users
Power Settlements software developers directly support users when they have questions leading to better, faster issue resolutions. This model is unique in our industry and delivers an optimal service experience and faster path toward “black belt” level competency using PowerCore.
“No-Cost Upgrade Promise” for ISO-Initiated Changes
PowerCore functionality impacted by ISO/RTO-initiated (market) changes is updated with no extra fees to customers. Power Settlements always meets constant and inevitable market changes with fast, precise system and interface adaptations – never passing on those development costs.
Remote Administration Saves Resources
In hosted or hybrid PowerCore deployments, Power Settlements’ remote administration saves IT teams volumes of support and maintenance time.
Have questions about PowerCore™?
The Power Settlements team is always at the ready to answer any questions about PowerCore and its capabilities.