Issue The client is a fully integrated electric utility in the Midwest, not currently participating in a major organized transmission system. They and other utilities were contemplating entering into an organized system, most likely the Southwest Power Pool. As part of its due diligence for entering into this market, the client requested assistance in understanding […]
Issue MidDel Consulting was approached by a Municipal Utility in California to conduct a systems delivery assessment to determine the recommended course of action to improve their systems capabilities required to support entering the Energy Imbalance Market (EIM). MidDel conducted a bottom-up analysis of their Settlements, Trading, and Risk groups by meeting with key stakeholders […]
Issue The client is a large East Coast natural gas utility and marketing company integrating a newly acquired retail business. A newly acquired retail business had to be integrated into the client's existing two-system solution: Interfaces moved data between the trade-capture/scheduling system and the risk/accounting system. Pricing formulas, risk and accounting reports, and key trade […]
Issue The client is a large Midwestern natural gas and power company that had recently completed several system implementations. The client needed to cut ongoing ETRM support costs without losing capability: Reports left undone during implementation still had to be built. A new business unit had to be on-boarded. All of this had to happen […]
Issue A mid-size Northeast retail power and gas company had the opportunity, as part of their organizational strategic portfolio growth plan, to bid on two books of business that were up for auction. Books included power and gas, residential and commercial contracts, and fixed and variable price volumes. The client wanted to determine whether they […]
Issue Our client was using a large Excel spreadsheet with multiple linked tabs to calculate value at risk (VaR). The client was not measuring VaR for any of its FTR positions. The volatility and correlation calculations were not properly weighted. In addition, the delta between the published price and the non-published price was not updated […]
