Power Settlements has successfully completed the implementation of two major MISO’s Market Initiatives: MISO MUI 2.0 and MISO’s Short Term Reserve project in our SettleCore® Platform. MISO’s Short Term Reserve was successfully implemented prior to its start date December 7th,…
Salt River Project (“SRP”), an energy company in Arizona with a peak load of approximately 7,250 MW and over 2 million customers, successfully entered the Western EIM in April 2020. SRP recently implemented the Power Settlements’ SettleCore solution for historical…
Dairyland Power Cooperative (DPC), consisting of 25 member systems with a total peak load in excess of 1,000 MW and generation capacity in excess of 1,300 MW has implemented the Power Settlements shadow settlement system to perform shadow settlement estimates and validations of their MISO market settlement charge types. After a rigorous testing period, Dairyland moved SettleCore™
What are settlement statements? In the organized North American power markets, independent system operators "ISOs" and regional transmission operators "RTOs" (such as AESO, CAISO, ERCOT, IESO, ISO-NE, MISO, NYISO, PJM, SPP, etc.). transact with their market participants in a two-part billing…
City Water Light and Power (“CWLP”), the largest municipal utility in Illinois, recently implemented the SettleCore™ – ISO Downloader Module for their reporting needs in the MISO markets.
“We are excited to bring CWLP on board as a new customer of ours in the MISO footprint. The ability of SettleCore™ to download 100% of the MISO data, the open database of the system, the ability to easily view data in the pivot-table based screens, and the ability to export all MISO data to MS Excel, are key benefits to CWLP,” said David Dan, CEO of Power Settlements.
Entegra Power Group, new to MISO South, owns and operates some of the largest independent power plants in the United States, including the Arkansas Union Power Station, which produces close to 2,200 MW of power in the MISO market.
After reviewing Power Settlements and several competing software vendors, Entegra selected SettleCore™ for all of their interactions and communications in the MISO market. Entegra and Power Settlements recently completed the SettleCore™ implementation for all of their bid to bill interactions in MISO.
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.
Today, marked a major milestone of Power Settlements. We deployed the SettleCore – MISO system to several market participants of the MISO markets. In this release, we delivered the ISO Downloader Module, the Scheduling Module, the Settlements Analyzer Module, and the Shadow Settlements Module.