DTE Energy Deploys PCI’s Platform to Support Portfolio Management and Bid-to-Bill Workflows in the MISO Market
June 16, 2016 – Norman, OK – DTE Energy (DTE) recently deployed the PCI (Power Costs, Inc.) platform for all portfolio-management and bid-to-bill functions to support resource optimization, day-ahead and real-time bidding, MISO communications, eTagging, settlements, analytics and business intelligence.
The PCI systems currently deployed at DTE include:
- MISO Bidding and Settlement System (PCI GenManager®)
- Resource Optimization (PCI GenTrader®)
- eTagging Management System (PCI eTagging)
- Management of Outage Lifecycle Processing (PCI Outage Management)
- Performance Analytics (PCI Settlements Analyzer and P&L Analyzer)
DTE is using the PCI platform for MISO operations and, is the first PCI customer to leverage the GenTrader® analytics platform to optimize fuel-blending decisions.
Nick Griffin, DTE Manager of Wholesale Market Development, reported that, “A benefit for deploying the PCI platform is the ability to customize the software suite to meet our specific business needs for portfolio-management and bid-to-bill”.
“We value the trust DTE Energy has put in PCI and are honored to support critical operations for DTE in the MISO market. With our broad and deep application platform, PCI has been able to fill critical needs for DTE throughout the implementation. The collective team effort to complete this project in 8-months has been impressive to witness,” said Khai Le, PCI Senior Vice President.
With this expansion in coverage, PCI now offers essential, mission critical software for all participants in every North American market. Its client base includes a wide range of energy industry players from large to small utilities as well as marketing, supply and trading firms.
DTE Energy (NYSE:DTE) is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide. Its operating units include an electric utility serving 2.2 million customers in Southeastern Michigan and a natural gas utility serving 1.2 million customers in Michigan. The DTE Energy portfolio includes non-utility energy businesses focused on power and industrial projects, natural gas pipelines, gathering and storage, and energy marketing and trading. As one of Michigan’s leading corporate citizens, DTE Energy is a force for growth and prosperity in the 450 Michigan communities it serves in a variety of ways, including philanthropy, volunteerism and economic progress. Information about DTE Energy is available at www.dteenergy.com.
Power Costs, Inc. (PCI) is the leading provider of generation supply management software, superior customer support and value-added services for energy focused companies. Founded in 1992 by Dr. Fred Lee, PCI continues to refine and develop new software solutions that meet the ever-evolving needs of its clients which include investor-owned, municipal and cooperative utilities, independent power producers as well as energy marketing and trading organizations. More than half of all the power generated in the United States is optimized using PCI software solutions and over 60% of the Fortune 500 Energy and Utility firms in the U.S. are PCI clients. PCI is a privately held company based in Norman, Oklahoma with offices in Houston, Texas and Raleigh, North Carolina. To learn more about PCI, please visit www.powercosts.com.
Power Costs, Inc. (PCI)
Stuart Wright, 303-917-3565