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 MidDel Consulting was approached by a large East Coast natural gas utility and marketing company to assist in integrating a newly acquired retail business into their existing systems. MidDel conducted a bottom-up analysis of their existing two-system solution, with interfaces moving data between their trade capture/scheduling system to their risk management/accounting system. MidDel was […]
Issue MidDel Consulting was approached by a large Midwestern natural gas and power company to assist in reducing their ongoing Openlink Endur support costs. This client recently completed an Endur implementation. They then faced the challenges of creating required reports not completed during the initial implementation, as well as on-boarding a new business unit, while […]
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 […]
