APS Selects PCI for Portfolio Optimization and Advanced Analytics.NORMAN, Okla. -- Arizona Public Service Arizona Public Service Company is the largest electric utility in Arizona and the principal subsidiary of publicly-traded S&P 500 member Pinnacle West Capital Corporation (NYSE: PNW), which in turn had been formerly named AZP Group (APS) (NYSE NYSE See: New York Stock Exchange :PNW PNW Pacific Northwest PNW Palestinian Airlines (ICAO code) PNW Probes Northwest (Ford Probe owners club) PNW Prescott and Northwestern Railroad Company PNW Printer Not Working PNW Personal Netware ), has selected Power Costs, Inc. (PCI (1) (Payment Card Industry) See PCI DSS. (2) (Peripheral Component Interconnect) The most widely used I/O bus (peripheral bus). ) to provide portfolio optimization analytics and workflow automation See workflow. for their day-ahead and real-time operational needs. APS and PCI will begin implementation immediately. APS is the largest integrated electric utility in Arizona, with a diversified and growing energy portfolio that includes nearly 7,500 megawatts of generation. Before selecting PCI's portfolio optimization solution, APS evaluated multiple software providers against required functionality for combined cycle A combined cycle is characteristic of a power producing engine or plant that employs more than one thermodynamic cycle. Heat engines are only able to use a portion of the energy their fuel generates (usually less than 50%). The remaining heat from combustion is generally wasted. optimization, ancillary service co-optimization, and complex fuel constraints. At the end of the evaluation, APS selected the PCI Generation Supply Management System based on its demonstrated capability to manage all of these applications. Product ease of use and fast processing times were also important selection criteria. APS anticipates that the PCI architecture will facilitate integration with other systems. "After talking to Noun 1. talking to - a lengthy rebuke; "a good lecture was my father's idea of discipline"; "the teacher gave him a talking to" lecture, speech rebuke, reprehension, reprimand, reproof, reproval - an act or expression of criticism and censure; "he had to many of PCI's current customers, we found positive endorsements and concrete examples of their software capability, scalability, and effective customer support," said Chuck Stevens, APS Project Manager. "We are looking forward to the opportunity to improve on our existing unit commitment capability and buy/sell decision support with the use of PCI's software." PCI Vice President, Jason Kram said, "We are excited about adding APS to our long list of customers using PCI GenTrader for portfolio optimization. PCI GenTrader has the industry-proven capability to optimize generation portfolios with characteristics just like to the ones managed by APS. These characteristics include combined cycle optimization, complex fuel pipeline constraints, and co-optimization of ancillary services with energy. We are looking forward to working together with APS to develop a productive and successful long-term partnership." About Arizona Public Service Company APS, Arizona's largest and longest-serving electricity utility, serves more than 1 million customers in 11 of the state's 15 counties. With headquarters in Phoenix, APS is the largest subsidiary of Pinnacle West Capital Corp. (NYSE:PNW). About Power Costs, Inc. Power Costs, Inc. (PCI) is a leading provider of generation supply management and optimization software Free and Open Source software
named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. markets. For additional information regarding PCI, visit the company's website at www.PowerCosts.com or call 405.447.6933. |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion