PCI GenManager®
PCI GenManager® is a powerful software package designed to help market participants automate their bid management process and maximize profits in an LMP, two-settlement market operation. The solution incorporates locational marginal prices (LMP) and supports analysis modes for day-ahead and real-time bidding. Its modular web services architecture provides flexibility to respond quickly to varying market conditions and to interface with other systems and data sources. The primary components of PCI GenManager™ are described below.
The Bid Formulation module provides the following important capabilities:
- Creating and saving multiple bidding strategies appropriate to different market conditions.
- Automatically “updating” bid and offer prices and quantities to reflect changes in fuel costs, heat rates, etc.
The Bid Evaluation module performs the following analysis:
- Day-ahead and real-time bid analysis
- Day-ahead adjustment period analysis
- Multi-case analysis
The LMP Management module facilitates the following functions:
- Creating an LMP forecast
- Organizing LMP forecasts and historical data for easy use
- Maintaining a similar-day profile library
The Settlement module provides efficient and effective tools for:
- Creating shadow settlements and invoices and comparing them with ISO settlements
- Submitting and tracking disputes
The ISO Communication module enables:
- Data exchange between the market participant and the ISO for all aspects of the bid-to-bill process.
