Power Settlements Releases SettleCoreTM ISO/RTO for MISO Market Participants

Entegra Power Group, an independent power producer, implements SettleCoreTM ISO/RTO for communication with the Midcontinent Independent System Operator market.
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CLAREMONT, Calif. - March 10, 2014 - PRLog -- Claremont, CA—March, 11, 2014 Business intelligence, scheduling, settlements and applications provider Power Settlements Consulting and Software today announces that Entegra Power Group has implemented SettleCore™ ISO/RTO software for all their MISO transactions from bid to bill.  Entegra owns and operates large independent power plants in the United States including the 2,200MW Arkansas Union Power Station in MISO.

SettleCore™ is a software solution for the domestic ISO and RTO power markets.  SettleCore™ can be installed onsite or as a hosted solution; it has been deployed to customers across the United States.  Its Business Intelligence Dashboard gives market participants features that include graphical analysis and review; the Scheduling Module enables bid and offer submissions; the ISO Downloader Module retrieves all ISO/RTO data; and the Shadow Settlements Module enables shadow settlements and charge code validations.

“The SettleCore™ - Business Intelligence and Analytics Module, with its graphical screens… is easy to use and it greatly assists us with our real-time decision making and ability to identify operational issues and market challenges.”

- John Heisey, Vice President of Asset Trading, Entegra

John Heisey, Vice President of Asset Trading at Entegra says, “Power Settlements and the SettleCore™ solution have exceeded our expectations. We use SettleCore™ for generation offers, shadow settlements, outage management and meter data submissions in MISO. In particular, the SettleCore™ - Business Intelligence and Analytics Module, with its graphical screens for reviewing our MISO Day-Ahead and Real-Time awards and operational performance, has provided such incredible value in an easy-to-view presentation that it is used by generator dispatchers at the plant to individuals in our executive management team. It is easy to use and it greatly assists us with our real-time decision making and ability to identify operational issues and market challenges.”

Power Settlements calls Entegra, the company’s first MISO customer, “an invaluable partner.”  David Dan, President of Power Settlements says, “We are extremely pleased with the rollout of the SettleCore™ application to MISO market participants and the enormous benefits that our customers are realizing.”

About Entegra Power Group, LLC

Entegra Power Group was formed in June of 2005 as an independent power company to own and operate two of the largest independent power plants in the United States – the Gila River Power Station and the Union Power Station.  Entegra’s corporate headquarters is based in Tampa, Florida. The Tampa headquarters is also home to the asset management team that includes an energy marketing and trading organization, which manages all of the commercial energy activities associated with the Entegra energy assets. More information about Entegra Power Group can be found at http://www.entegrapower.com.

About Power Settlements Consulting and Software, LLC

Power Settlements is a software company that specializes in providing software solutions to energy companies that participate in the ISO and RTO physical power markets. Power Settlements, which first deployed the SettleCore™ ISO/RTO solution to customers in 2009, has quickly amassed one of the largest customer bases of all scheduling and shadow settlement software vendors in the ISO/RTO markets. We offer the industry’s leading Business Intelligence functionality for analyzing generator dispatch performance. Our software solutions are in use at some of the largest investor owned utilities, municipalities, independent generators, and hedge funds across the United States. More information about Power Settlements can be found at http://www.powersettlements.com.

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Industry:Business, Energy
Location:Claremont - California - United States
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