PCI on the Move in Mexico: Optimizing Participation for Several Companies in the New Wholesale Electricity Market, Mercado Eléctrico Mayorista (MEM)
January 07, 2016 – Norman, OK – Power Costs, Inc. (PCI) announces its engagement with several entities in Mexico to help optimize their participation in the upcoming Wholesale Electricity Market. PCI is implementing its state-of-the-art ‘GenManager-MEM’ platform for clients to participate in the market simulation and testing currently underway with the Centro Nacional de Control de Energía (CENACE), the new independent system operator (ISO) of Mexico’s electricity grid.
Recent Mexico energy market reform allows for competition in both demand and supply sectors of the power industry. Several clients are now able to leverage PCI’s extensive experience with other North American ISO markets in order to analyze and perform due diligence for optimal participation at various levels including as Generators, Generation Intermediaries, Suppliers, Qualified Users, and Power Marketers (Importers and Exporters). PCI solutions and services for Mexico market participants include:
- Comprehensive ‘Bid-to-Bill’ platform for supporting front-to-back-office activities in MEM
- Extensive analytics for operational performance evaluation
- Scalability to enable interactivity with other North American markets
- Consulting services to evaluate potential Power Purchase Agreements (PPAs) and economic evaluation of new development projects
“As part of our strategic expansion plan for full North American coverage, we have been fortunate to work with several entities in Mexico to build market ready software that is essential to market participants. We are fully committed to Mexico and its energy reform and look forward to our continued success as the premier software vendor in North America,” said Jason Kram, PCI’s Senior Vice President and Chief Marketing Officer.
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.
About Power Costs, Inc. (PCI)
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, 405-701-7378