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San Francisco has Successful Go-Live of the Power Settlements Energy Trading and Scheduling Solution with CAISO Integration and Settlements

San Francisco Public Utilities Commission (“SFPUC”), the City of San Francisco, CA’s municipal power utility that provides for municipal city loads and owns and operates the 400 MW Hetch Hetchy hydroelectric system, has successfully implemented the Power Settlements SettleCore™ solution for their Energy Trading and Risk Management (ETRM) and ISO needs.

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Power Settlements Releases Risk Analytics Module for Public Power Utilities

Power Settlements has deployed its new SettleCore™ – Risk Analytics Module to customers. This module rounds out our ETRM (energy trading and risk management) offering that is used by public power utilities. The SettleCore – Risk Analytics Module is used to calculate Value at Risk (VaR) for physical and financial power, including CRR and FTR positions, and natural gas transactions. This module assists customers with monitoring their risk exposure for forward positions. With this module

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Happy One Year Anniversary City of Pasadena. An ETRM Success Story.

When the City of Pasadena selected SettleCore™ ETRM over a year ago they required an energy trading and risk management (“ETRM”) system to be fully integrated with their Bid-to-Bill shadow settlements system. Their story was a common one among their utility industry peers. They were looking for a vendor that had one single system that encompassed all of their ETRM needs and their Bid-to-Bill needs

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City of Pasadena Selects SettleCore for ETRM and CAISO

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.

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