End-to-End Solutions for ISO/RTO and Bilateral Market Participation
PowerCore™ is a bid-to-bill software platform that redefines and amplifies success in competitive, complex wholesale energy markets incorporating volatility, 24/7 operations, and ever-changing rules, policies, and workflows.
PowerCore encompasses six seamlessly integrated modules, each with deep functionality that automates and optimizes front, mid, and back-office mission-critical as well as a broad array of custom analytics and reporting.
- Quickly implement PowerCore based on today’s needs and easily scale up as your organization's requirements expand.
- Deploy PowerCore in any context as a cloud-based, on-premise, or hybrid solution to save time for business users and IT staff.
- PowerCore's ROI is significant, and it comes with best-in-class client support and a comprehensive, multicomponent service.
PowerCore's Mission-Critical Capabilities
The functionality in PowerCore enhances the speed and accuracy of essential bid-to-bill, analytical, and reporting workflows.
- ScheduleCore harmonizes bidding, scheduling, and e-tagging in one platform to optimize operations, speed performance, and maximize stakeholder value.
- SettleCore is the definitive industry solution for meter data management, ISO/RTO settlements, (predictive) shadow settlements, and “what-if” shadow analytics.
- ETRMCore manages trade capture, credit and position management, and overall enterprise risk while mirroring industry changes. It easily replaces legacy energy trading risk management (ETRM) tools.
- TransmissionCore enhances transmission billing, settlement, and allocations to disaggregate charge code amounts to cost-causing assets.
- AnalyticsCore enables real-time visual analytics of ISO and internal data to uncover hidden market opportunities, speed settlement dispute resolutions, and more.
- ContractCore automates the lifecycle of complex energy contracts, from power purchase agreements to tolling, transmission, and bilateral agreements, enabling significant time and cost savings.
Who Uses PowerCore?
PowerCore's tremendous versatility meets many types of organizations' array of requirements. Dozens of companies, representing multiple sectors of the wholesale energy economy, deploy it, including:
- Investor-Owned Utilities
- Cooperative Utilities
- Public Power Utilities
- Power Marketers
- Community Choice Aggregators
- Battery Storage Operators
- Renewable Project Operators
- Independent Power Producers
- Balancing Authorities
The PowerCore Service
PowerCore stands apart not only for its superior software capabilities but because of the tangible, valuable components and user benefits that accompany and surround the platform, including:
- Superior, "fanatical," 24/7 customer support
- User communication directly with PowerCore developers
- 100% remote system management
- No-cost software updates for ISO market changes
- “ISO Downloader” automating market data collection
- Daily “Data Verification” ensuring successful data imports
FAQ for Our Bid-to-Bill Software Solution
Differentiating PowerCore from other ISO/RTO market bid-to-bill software is easy. The system offers a long list of peerless metrics that highlight the platform’s unmatched functionality, usability, speed, and business optimizing. They include:
- Multiple deployment options that can be tailored to your enterprise (fully hosted, on-premise, or hybrid)
- More seamless adaptation and customizability to match with and enhance the requirements and workflows of any energy supply company – no matter its size
- A modular design that lets any organization pay only for its needs today and easily scale up as requirements expand
- A unique design that delivers hyper-fast calculation and processing speeds
- More accurate results to enhance real-time decision-making
- Bypassing slow market portals to import and verify 100% of market data every morning of every day
- More robust reporting and visual analytics to merge market and internal data to produce actionable insights on a host of metrics around P&L and performance
- Advanced, hassle-free remote system maintenance lets your team focus on achieving peak operational efficiency to meet (and exceed) strategic objectives.
PowerCore improves enterprise performance and bottom-line results for ISO/RTO and bilateral market participants. Its comprehensive capabilities, plug-and-play modularity, and easy scalability deliver a significant ROI and affordable total cost of ownership (TCO).
You can license the platform on an annual (subscription) basis with no hidden fees. Multiyear licenses are also available.
Power Settlements software developers directly support users when they have questions leading to better, faster issue resolutions. This model is unique in our industry and delivers an optimal service experience and faster path toward “black belt” level competency using PowerCore.
We update PowerCore functionality impacted by ISO/RTO-initiated (market) changes with no extra fees to customers. Our team always adapts PowerCore to meet inevitable market changes with fast, precise system and interface upgrades – never passing on those development costs to our clients.
Learn how customers benefit from using PowerCore.
"PowerCore technology is one-of-a-kind. We were at first overwhelmed with the amount of data used in the structured markets to determine and calculate charge codes, but PowerCore accelerated our position from novice to intermediate day one. It delivers a level of trust and expertise that makes it ideal for any level of user right out-of-the box."
— Tara Davis, Senior Project Manager
Arizona Electric Power Cooperative
Learn how customers benefit from using PowerCore.
“The ContractCore module of the PowerCore platform has been extremely helpful in processing 500+ invoices each quarter. Prior to the implementation, this process took 5-8 business days to complete, but after the go-live, it takes only 4-5 hours. The meter data, calculation, invoice creation/approval, and email generation process have also streamlined our invoicing process by taking away manual work. The team made sure our requirements were well-understood and they provided the solutions that we needed.”
Arizona Public Service
Learn how customers benefit from using PowerCore.
“PowerCore was the clear choice to provide us with comprehensive bid-to-bill functionality that could handle our complex renewable bidding and settlements requirements for the CAISO market. They worked closely with us throughout the implementation process to meet all our specific requirements, and the Terra-Gen team has already derived significant benefits in multiple areas. The PowerCore modules we licensed have helped us more quickly bid, analyze, optimize, and report on the performance of our renewable and hybrid fleet, significantly enhancing our CAISO market participation and, ultimately, the more efficient delivery of clean energy to customers.”
Terra-Gen