Enterprise Solutions
PCI’s Enterprise Solutions are focused on solving the most challenging workflows that provide the highest value to our customers. PCI understands that everybody is a little bit different and to help our customers be successful, the software needs to be adaptable and responsive. By assembling and utilizing PCI products’ built-in flexibility; it is possible to meet ever changing business needs.
ISO Market Solutions
In an environment where more and more regions are moving towards establishing centralized ISO to handle the commitment and dispatch of units, it has become imperative to have better control and understanding of the ISO bidding process. Therefore, the bid formulation is done with automation, based on pre-approved strategies including generation, load and deals. The calculated bids/offers are then evaluated and the awards predicted.
PCI is the market leader (measured by participant’s MWs) for ISO participation solutions supporting the CAISO, ERCOT, ISONE, MISO, NYISO, PJM, and SPP markets using comprehensive bid-to-bill workflows.
Optimization Solutions
PCI’s Analytical Solutions include unit commitment optimization from multi-yearly, down to daily, hourly, and sub-hourly generation schedules against contract obligations, energy and ancillary service price signals. Analytics can also allocate energy constrained resources such as fuel contracts, emission credits and renewable energy. PCI Analytics is used by more than half the US generation capacity.
PCI Analytics evaluates the ISO bidding strategies’ effectiveness and possible options.
Multi-commodity optimization of gas purchases and gas transportation by itself or combined with the power activities can be performed as well as analysis of optimal water, transmission or gas paths and scheduling.
Deal Management Solutions
PCI provides straight-through processing of the entire trading and scheduling process; from multi-commodity deal capture, credit, to settling and scheduling of deals.
Settlement Solutions
Settlement Solutions from PCI includes settling and disputing a complete range of market instruments, from verifying and shadowing complex ISO charge codes and invoices, to custom contract settlements like tolling agreements, energy accounting of schedules/tags, to standard financial product deals.
In an effort to move back and front office closer to each other, PCI forecasts settlements systematically to give the front office time to improve their strategies.
Post analyzing the results is supported whether using predefined costing scenarios, comparing to optimized, or using an ad-hoc approach.
Allocating costs to internal or external entities is available before interfacing to general ledger accounting packages; such as SAP or Oracle.
Business Intelligence Solutions
PCI prebuilt Analyzers are using BI technology to provide responsive and analyzing applications. The Analyzers creates cubes based on data in the PCI Data Warehouse. They enable slicing and dicing of data together with intuitive drill-down capabilities.
Analyzers are available to study DA/RT ISO Profit and Loss, Positions, Costs, Demand Response, and Prices.
Custom Analyzers or Reports can be built by users using the same toolset or a toolset of choice.
Governance, Risk, and Compliance Solutions
Structure, hedge and deploy portfolio or individual contract positions to protect downside risk, retain upside potential and/or maintain stability. Monte Carlo simulation is applied to evaluate real generation options and market purchases or sales. Conduct power supply procurement analysis and select positions to create the optimal portfolio against efficient frontiers.
NERC CIP and Sar-Box compliance is supported by auditable processes and recording of all data entry.
Portfolio Solutions
It is also possible to combine any of the solutions and products to maximize portfolio effectiveness. This could include managing generation portfolios to exceed profitability targets, minimize costs, and maximize opportunities operations. Develop emission, startup and outage allocation plans across a monthly, annual or multi-year resource horizon can be performed at a portfolio level. Provide generation asset operators with commercial availability targets and monitor progress as well as maximize earnings under an LTSA.