The City of Vernon, a municipal utility with a peak load of approximately 194 MW and more than 130 MW of generation, implemented the Power Settlements solution for the CAISO market. The City of Vernon implemented the Power Settlement Visual…
Power Settlements is pleased to announce the release of the SettleCore – EIM Module for CAISO EIM market participants. This fully functional module for market participants of the California ISO’s Energy Imbalance Market (“EIM”) may be used by EIM Entities…
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.
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…
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
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.
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.
What are the top ten vendor product concerns that one should consider when purchasing ISO/RTO shadow settlement software solutions?
1. Support Staff. Depending on the size of your company and the IT support you typically receive, one should consider the daily management of the application. By daily, we are referring to the daily ISO/RTO data downloading verification required to ensure your shadow settlement system is properly populated. Important: Look for a vendor that offers daily ISO/RTO data downloading verification services.