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…
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…
Power Settlements is pleased to announce that Entegra Power Group recently implemented SettleCore for their bid to bill participation in PJM. SettleCore enables the automated upload of bids and offers to the ISOs through shadow settlements and reporting. Entegra is an active participant in the ISO markets and uses SettleCore for their interaction in CAISO, 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.
