LCRA Prepares for Texas Nodal: Selects PCI for End-to-End Market Solution.NORMAN, Okla. -- With the Texas Nodal Having to do with nodes. See node. NODAL - Interpreted language implemented on Norsk Data's NORD-10 computers. Used by CERN and DESY high energy physics labs to control their accelerator hardware, PADAC and SEDAC. Included trackball input, graphics. Market rapidly developing, the Lower Colorado River Authority The Lower Colorado River Authority or LCRA is a nonprofit public utility that was formed in 1934 by the Texas Legislature. LCRA's mission is to protect people, property and the environment by providing public services for more than one million people in Central and Southeast (LCRA LCRA Lower Colorado River Authority (Texas) ), 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). ) as its partner in supporting their efforts to keep pace with the ERCOT ERCOT Electric Reliability Council Of Texas, Inc. market changes through software, implementation, and consulting expertise. LCRA and its affiliates have a diverse power generation portfolio owning approximately 2,868 MW of net dependable capacity provided by coal, natural gas and hydroelectric generating units. To meet its load requirements LCRA also enters into power purchase arrangements to supplement its generating capacity. This includes wind energy from various wind power providers located in far west Texas. "We have enjoyed a productive partnership with PCI over the past ten years and have received excellent support during that time," said Jim Gleitman, Manager of Asset Management, LCRA. "We view PCI as a reliable and dependable partner for supporting our ERCOT activities and have high regard for their expertise in Nodal Markets." PCI's Generation Supply Management System is able to perform bid and offer management, ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. communication, and shadow settlement along with optimization and business process management all within a single infrastructure. PCI will provide LCRA with a single integrated model to conduct long-range resource planning Resource planning may refer to:
LCRA will expand current PCI GenTrader and PCI GenPortal implementation by replacing their existing ERCOT market software with PCI GenManager for bid creation, submission, and settlement activities in managing in the new Texas Nodal market. PCI GenPortal will continue providing workflow automation See workflow. and deployment of customized processes with PCI GenTrader providing optimization analytics in long, mid, and short term time horizons. Implementation will run parallel to the ERCOT Nodal market timeline. PCI Vice President Jason Kram said, "LCRA has been an advanced user of our software over the past several years and their selection of PCI to be an end-to-end Texas Nodal partner demonstrates their confidence and trust in our ability to deliver. PCI has been successful in all Nodal markets in which we have introduced our Generation Supply Management System and we are very pleased to add LCRA early in the Texas Nodal preparation. We see a great deal of enthusiasm about our system and how it has filled many gaps in the market place. Our intent is to continue our track record of delivery and support for all of our ERCOT customers by offering them the ability to upgrade to our ERCOT Nodal Market front and back office systems." About Lower Colorado River Authority LCRA is a conservation and reclamation district Reclamation districts are a form of special-purpose districts in the United States (and possibly other countries) which are responsible for reclamining and/or maintaining land that is threatened by permanent or temporary flooding for agricultural, residential, commercial, or that provides energy, water and community services to help improve the quality of life for the people of Texas. LCRA generates electricity and sells it wholesale to city-owned utilities and cooperatives that serve more than 1.1 million people. LCRA also builds and operates transmission projects through a nonprofit corporation nonprofit corporation n. an organization incorporated under state laws and approved by both the state's Secretary of State and its taxing authority as operating for educational, charitable, social, religious, civic or humanitarian purposes. , manages and protects the waters of the lower Colorado River, operates parks, and helps communities with economic development. LCRA operates on revenues from the sale of electricity, water and other services. It cannot levy taxes and receives no tax money. About Power Costs, Inc. Power Costs, Inc. (PCI) is a leading provider of generation supply management and optimization software. PCI has grown steadily since its incorporation in 1992 by providing best of breed software, superior customer support and value-added services. PCI software is used to optimize nearly half of all generation in the United States and is recognized for delivering solutions that are critical for operations and for asset, financial and risk management. The company's client base includes energy companies that collectively participate in all North American North American 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. |
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