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.
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.