Services
Market Entry & Onboarding
Markets are continuing to evolve. If entering a new market for the first time, the effort can be daunting. We have considerable experience in navigating the landscape necessary to get you going. Services include:
- Market Evaluation
- Market Participant Registration
- Resource Registration
- Onboarding new Resources
Market Integration
Each electricity market has its own set of portals and interfaces available to participants. These could vary in complexity. There are third party applications available which could be used to interact with the markets. These are often expensive and contain functionality not needed for your particular operation. Let us help determine what make sense in your situation with the following services:
- Build verses Buy Evaluation
- Developing custom interfaces if and as needed
- Automating processes
- Integrating third-party tools if used
Scheduling & Monitoring
Optimum scheduling of your resources into the energy and ancillary services markets are key to maximizing your position and revenue. We have considerable experience in developing market strategies for standalone resources and across your entire portfolio. We provide cost-effective solutions to help you in the following:
- Assessing how market changes affect you
- Evaluating existing processes and modifying or developing new processes as needed.
- Developing scheduling strategy
- Automating scheduling
- Real-time monitoring of operations
Market Settlements
Understanding the market invoices and ensuring that they are correct are important to achieving optimal market participation. We have significant expertise in doing a deep dive into market settlement specifics. Services in this area include:
- Assessing impact of market changes
- Developing settlement analysis
- Developing custom reports and dashboards
- Integrating third-party settlement products
- Evaluating market invoices
- Filing settlement disputes
Gap Assessment
If you are entering a new market or are providing a new type of resource within an existing market, we can perform a thorough gap assessment and provide a schedule and cost projections to plug the holes by:
- Evaluating existing front and back-office processes
- Evaluating existing technology and interfaces
- Identifying gaps in policies, processes, and tools
- Recommending changes
- Providing projected cost and schedule for changes
- Work with you to implement changes
Process Development
We specialize at evaluating, developing, and improving any internal process so that the process is reliable, measurable, and scalable by:
- Assessing existing processes
- Developing new or enhanced processes
- Testing new or enhanced processes
- Automating manual interactions
Vendor Selection
If a gap assessment or build vs buy evaluation points to a need for third-party solutions, we have extensive experience in helping clients navigate the selection process to find the right package:
- Identifying potential vendors
- Preparing RFP/Tenders
- Evaluating vendor responses
- Deep dive into how proposed vendor solutions integrate with existing processes/technology
- Vendor selection and onboarding
Business Intelligence
Our experience in business intelligence/data warehousing spans twenty-five years. We have developed very streamlined methodologies for processing big data and developing meaningful intelligence:
- Designing multi-dimensional data models
- Selecting data environment
- Developing ETL processes
- Developing custom reports and dashboards
- Quality assurance and conformance with standards