Sacramento Municipal Utility District (SMUD) Selects PCI for Coordinated Thermal and Hydro Optimization, Deal Management, Market Interfacing and Asset Operations Implementation
April 9, 2015 – Norman, OK – PCI is pleased to announce that Sacramento Municipal Utility District (SMUD) has selected PCI to provide complete generation portfolio optimization of both thermal and hydro resources. The implementation includes multiple components of the PCI Generation Supply Management System (GSMS) including Deal Management, Market Interface and Outage Management capabilities. SMUD selected PCI after an extensive evaluation that encompassed numerous demonstrations across multiple functionalities as well as an in-depth technology review.
“We sought an energy trading resource platform to optimize SMUD energy resources by automating market activities to deliver least–cost dispatch capabilities,” said Chaise Vidal, SMUD Energy Trading Specialist. “The ability to optimize our complex hydro network jointly with our thermal assets and the ability to frequently re–optimize our dynamic renewable portfolio was a key decision criterion in selection.”
The PCI implementation is nearing completion with go-live expected 6-months from the project start date. The functionality to be implemented includes the optimization of generation assets, the management of deals and outages, and the ability to interface with the CAISO market.
“We have enjoyed a collaborative and efficient implementation project with SMUD, and we are excited to have them as a strategic partner and customer. The SMUD implementation represents another important milestone for PCI in joint optimization of a complex hydro network with thermal resources,” said Jason Kram, PCI Senior Vice President and Chief Marketing Officer.
About Sacramento Municipal Utility District
As the nation’s sixth–largest community-owned electric service provider, SMUD has been providing low–cost, reliable electricity to Sacramento County (and small adjoining portions of Placer and Yolo Counties) for more than 65 years. SMUD is a recognized industry leader and award winner for its innovative energy efficiency programs, renewable power technologies, and sustainable solutions for a healthier environment. SMUD is the first large California utility to receive more than 20 percent of its energy from renewable resources.
About Power Costs, Inc. (PCI)
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 www.powercosts.com.