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Advisor Offerings in the Wholesale Power Markets Industry:
- Market Readiness and Compliance
This industry is experiencing constant change and Market Participants must implement solutions to the new business requirements and processes. New wholesale power markets are implemented every year, each with different protocols, and existing markets all have seen major re-design efforts. Southwest Power Pool (SPP) is the latest new market implementation effort, targeting a go-live in the 1st half of 2006. Our Advisors ensure your organization participates efficiently and is prepared to capitalize on market opportunities.
- Market Process Definition and Implementation
The power markets require that Market Participants implement new business processes. Generation must be scheduled or offered, and load must be bilaterally purchased or bid for from a central energy market. Multiple versions of market settlement data are published daily, and invoicing is now a weekly task. Inefficient processes in these areas have significant adverse impacts on an organization's financial performance. InCadre has designed processes that address all of the required processes in the most optimal manner.
- Value-Added Data Reporting and Analysis
Market Participants must capture, store, and manage large amounts of data published by the markets. Data warehousing and mining techniques can be used to perform value-added analysis that identifies additional market opportunities. Reports can be created to help summarize financial performance and highlight areas for additional improvements. InCadre's Industry Advisors have skills that combine industry knowledge with technical expertise which allows them to design and create tools to improve your analytical capabilities.
- Software Gap Analysis, Implementation and Integration
Investments in IT infrastructure are a significant portion of the cost to participate in the power markets. Identifying which solution best fits your needs can be difficult given the variety of solutions available. Each solution must be analyzed against your organization's requirements, and all identified functionality gaps should be documented. Software integration can increase the system's value by providing its data throughout the organization. Our Advisors ensure you implement the right solution, and leverage all of its features to maximize the return on your software investment.
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To inquire about one of our Advisor Service Offerings, please email us at: info@incadre.com
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