PCI on the Move in CAISO: Implements FERC-764 Updates and Prepares for New Outage Management System (OMS) and Energy Imbalance Market (EIM) Updates.
May 30, 2014 – Norman, OK – Last month, PCI (Power Costs, Inc.) successfully completed FERC 764 updates to all CAISO client systems and is actively developing Outage Management System (OMS) and Energy Imbalance Market (EIM) enhancements to the PCI Generation Supply Management System (GSMS).
In addition to FERC-764 updates, PCI is also actively engaging its CAISO clients with the planned release of CAISO’s new Outage Management System (OMS). The new CAISO system will replace its existing OMS with one that has enhanced modeling capabilities and simplified client business processes to improve the accuracy and efficiency of managing outages. The new OMS is targeted for implementation in October 2014, at which time the Scheduling and Logging for ISO of California (SLIC) application will no longer be used for managing outages.
Additionally, PCI is enhancing its GSMS to accommodate the new EIM, extending CAISO’s real-time market to other Balancing Authorities in the WECC region.
“There are several variations of the EIM that are emerging, however, CAISO is offering one of the first versions that addresses the operational challenges associated with renewable/variable generation,” said Jason Kram, Senior Vice President and Chief Marketing Officer at PCI. “PCI’s experience with imbalance market operations is one of our biggest strengths as we prepared a majority of SPP market participants for their initial imbalance market several years ago.”
PCI is the leading provider of generation supply management and optimization software to energy focused companies. Founded in 1992 by Dr. Fred Lee, PCI continues to develop power industry software solutions, superior customer support and value-added services for top-tier energy customers. More than half of all power generation in the United States use PCI software solutions. 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 Powercosts.com.