demo of pci pjm back office suite...quantify p&l leakages for your pjm resources due to rt...
TRANSCRIPT
Power Costs, Inc. 2011. All rights reserved. Confidential and Proprietary to
Power Costs, Inc. May not be distributed or reproduced without permission
Demo of PCI PJM Back
Office Suite
September 28, 2011
Power Costs, Inc. Confidential and Proprietary 2011 www.PowerCosts.com Page 1
Meeting
Objectives
Overview of PCI Bid-to-Bill Suite for PJM
Market Participants
Demo of PCI Back Office Suite (PJM
Version)
– ISO Communications
– Pre-Settlement
– Shadow-Settlement Module
– Settlement Reporting
Demo of PCI P&L Analyzer (PJM
Version)
Q&A Session
WHY?
Power Costs, Inc. Confidential and Proprietary 2011 www.PowerCosts.com Page 2
PCI Overview
PCI is a very established vendor in portfolio optimization, bid management, bidding analytics, LMP forecasting, shadow settlement, post-analysis, and gas management
Deploy PCI GSMS Suite to Automate Bid-to-Bill Workflow for over 38 Market Participants in 5 RTO Markets (PJM, MISO, SPP, CAISO, ERCOT)
PCI software is currently used to Manage 50 % of the US capacity
Power Costs, Inc. Confidential and Proprietary 2011 www.PowerCosts.com Page 3
Goals for
Settlement Group
Identify settlement discrepancies and submit settlement disputes
Forecast preliminary settlement charges by the next day
Provide near real-time feedback to traders on the effectiveness of bidding strategies
Generate financial reports for upper management
Store PJM settlement data in data warehouse and provide BI interface to build P&L reports
Power Costs, Inc. Confidential and Proprietary 2011 www.PowerCosts.com Page 4
PCI Bid-to-Bill Solution for
PJM Market PCI GenManager
Bid Formulator
ISO Communication
LMP Manager
Bid Evaluator
Shadow Settlement
Pre-Settlement
Settlement Reporting
PCI BI & DW Tools
P&L Analyzer & Data
Warehouse
PCI GenPortal
PCI GenBase
Deal Management
Outage Management
PCI GenTrader
Unit Commitment
Production Costing
Power Costs, Inc. Confidential and Proprietary 2011 www.PowerCosts.com Page 5
Who currently Use
PCI Software?
Customer
PCI
GT
PCI
GP
PCI
GM
American Electric Power X X
City Public Service – San Antonio X X PA
NV Energy X CAISO
Consumers Energy X X MISO
CDWR X CAISO
Alliant Energy X MISO
Ameren Energy (UE & AEM) X X MISO
Dominion X X PJM
Kansas City Power & Light X X SPP
Empire District X SPP
Florida Power & Light X X
Madison Gas & Electric X MISO
Gainesville Regional Utilities X
Georgia System Operating Co. X
Lower Colorado River Authority X X ERCOT
GenOn X X
Southern California Edison X X CAISO
Oklahoma Gas & Electric X X SPP
Customer
PCI
GT
PCI
GP
PCI
GM
Seminole Electric Cooperative X
City of Ames MISO
Xcel X X MISO
SPP
NorthWestern Energy X
Sempra Energy X X CAISO
Pacific Gas & Electric X CAISO
NRG (Texas) X X
Bryan Texas Utilities X
Suez North America X X PA
MidAmerican Energy X X MISO
Progress Energy X X PA
Westar Energy X X SPP
Orlando Utilities Commission X
NIPSCO X X MISO
FirstEnergy X X PJM
San Diego Gas & Electric X X CAISO
Reliant Resources X X
PCI GSMS Suite is currently used to Manage around 50% of the US Generation Capacity.
MISO (70%), CAISO (90 %), PJM (30%), SPP (85%), ERCOT (85%)
Power Costs, Inc. Confidential and Proprietary 2011 www.PowerCosts.com Page 6
PCI Modules for
PJM Back-Office Suite
PCI ISO-Communications Module: Download
MSRS reports storing settlement charges, billing
determinants, and invoices
PCI Meter Management Module: Store & Manage
Meter data
PCI Shadow Settlement Module
– Download PJM Settlement Data & Invoices
– Run Shadow Settlement
– Identify Settlement Discrepancies
– Manage Settlement Disputes
PCI Pre-Settlement Module: Forecast PJM
Settlement Charges 1 day after the fact
PCI Settlement Reporting Module
– Provide settlement wizard to create ad-hoc
reports
Power Costs, Inc. Confidential and Proprietary 2011 www.PowerCosts.com Page 7
PCI Back-Office Suite can be used
to Validate all PJM Credits & Charges
Power Costs, Inc. Confidential and Proprietary 2011 www.PowerCosts.com Page 8
Page 8
Capabilities of PCI
Profit & Loss Analyzer
Provide Business-Intelligence Tool to:
Easily Review all factors that affect
Profits & Losses for your PJM
portfolio
Monitor Key Performance Indexes
Key Applications for PCI Profit & Loss
Analyzer:
Provide a powerful BI tool to allow
both front-office and back-office
personnel to easily understand PJM
settlement charges and P&L
implications
Provide GPS to provide near-term
feedback to upper management on
effectiveness of bidding strategies
Power Costs, Inc. Confidential and Proprietary 2011 www.PowerCosts.com Page 9
PCI Executive Dashboard showing
DART P&L for your Fleet of Generators
Power Costs, Inc. Confidential and Proprietary 2011 www.PowerCosts.com Page 10
PCI Dashboard Showing DART P&L for
Individual Resource
Power Costs, Inc. Confidential and Proprietary 2011 www.PowerCosts.com Page 11
PCI Dashboard Showing
P&L Leakage
Power Costs, Inc. Confidential and Proprietary 2011 www.PowerCosts.com Page 12
PCI Dashboard
Showing Load Charges
Power Costs, Inc. Confidential and Proprietary 2011 www.PowerCosts.com Page 13
PCI Dashboard Showing P&L for your PJM Portfolio
(Units, Loads, Bilaterals, Virtuals, FTRs, )
Power Costs, Inc. Confidential and Proprietary 2011 www.PowerCosts.com Page 14
PCI Data Warehouse to Manage
PJM Settlement Data
Page 14
PCI provides a powerful data
warehouse to manage PJM
settlement data to support PCI
P&L Analyzer
PCI Data warehouse uses
Star/Snowflake Schema. All Data
are Encoded and De-Normalized
to Common Dimensions and
Facts
Support:
– Multiple SQL databases
(Oracle, Microsoft SQL
Server, etc)
– Any SQL-based reporting tool
and BI tool: QlikView,
BusinessObject, Cognos,
MicroStrategy, PowerBuilder,
Excel, etc.
Power Costs, Inc. Confidential and Proprietary 2011 www.PowerCosts.com Page 15
Benefits of Implementing
PCI Back-Office Suite Download PJM MSRS settlement data and Validate PJM
Credits & Charges
Identify Settlement Discrepancies & Manage Settlement
Disputes with PJM
Estimate Profit & Loss for your PJM resources and portfolio
by next day capturing all key PJM settlement charge codes
Provide feedback to traders on effectiveness of bidding
strategies
Quantify P&L leakages for your PJM resources due to RT
Operational Problems (Unit deratings, Not following dispatch
instructions, Operating-Reserve charges, Not eligible for
make-whole payments) or market problems (RT price
volatility)
Provide Data Warehouse to store and manage PJM
settlement data
Potential Benefits for
Implementing PCI
Back-Office Suite =
50-200 K$/month
Power Costs, Inc. Confidential and Proprietary 2011 www.PowerCosts.com Page 16
Next
Steps
Conduct WebEx or On-Site Demo of PCI Back-Office Suite
Provide Quote for:
– PCI Back Office (PJM)
– PCI P&L Analyzer (PJM)
– PCI Settlement Analyzer and Data Warehouse
Conduct Proof-of-Concept Project to Quantify Benefits of Deploying PCI Back-Office Suite (PJM Version)
WHY?
Power Costs, Inc. Confidential and Proprietary 2011 www.PowerCosts.com Page 17
Post Analysis
Post-Analyze
DA & RT Schedule
Optimize.
-- Forecast LMPs
-- Forecast DA Schedule &
P&L
-- Optimally Allocate AS
-- Minimize UD Penalties
Participate in Market
-- Submit Bids & Offers on time
-- Compute 3-Part Offers
Use Tools to
Identify
Strategies to
Increase
Market
Benefits
Learn
Market.
Avoid
Financial
Losses
Score Card for
Market Participants
Black Belt
Green Belt
Yellow Belt
Use Post-Analysis to
verify effectiveness
of bidding strategies.
Maximize
Market
Benefits
Run business
volumetrically: Make
sure that enough units
clear DA market to
serve DA loads!
Formulate DA & RT
Strategies to
Maximize Market
Benefits!
Validate PJM Market
Results to identify areas
where P&L can be
improved!
Power Costs, Inc. Confidential and Proprietary 2011 www.PowerCosts.com Page 18
For More Information
Bid-To-Bill Automation
– Forecast LMPs
– Automate XML Communications
– Create Unit & Demand Bids
– Evaluate Bidding Strategies
– Perform Shadow Settlement
– Allocate Settlement Charges
Deal Management
– Capture Bilateral Deals
– Perform Deal Settlement
Operations & Trading
– Optimal unit commitment and economic dispatch
– Fuel scheduling
– Ancillary services optimization
BI Tools
– P&L Analyzer
– Settlement Analyzer
– Position Analyzer
PCI GENERATION SUPPLY MANAGEMENT SYSTEM™
Khai Le
(919) 730-9899
Walter Hobbs
(405) 226-6380
Stuart Wright
(303) 917-3565
Tony Delacluyse
(405) 326-1496