“The Power Settlements system has really been a huge benefit to us. Our schedulers and traders have already seen a huge benefit from the Visual Analytics module. With a single Real-Time dashboard that automatically updates itself every 5 minutes, we now have real-time visibility into our CAISO’s 5-minute ADS generator dispatches, our internal meter data reads, real-time imbalance energy, all of our schedules and all of the LMPs. Having a single screen with all of this information, which allows us to perform Real-Time analysis and reporting, has been amazing. Within just a few weeks after the Power Settlements implementation, we have already found several internal and CAISO issues that we are following up on to further improve our generator performance.
Regarding the Power Settlements back-office functionality, now all of our CAISO data downloading is completely automated and we are able to shadow estimate and validate our CAISO settlement statements accurately and on time. Weekly reporting processes that we previously completed manually that would take days to perform are now able to be completed in about just 2 hours using the Power Settlements system. The Power Settlements modules for CAISO Settlements have provided us the transparency, calculation accuracy, and ease of use that we originally saw during the original Power Settlements demonstration. We are very pleased with the Power Settlements system.”