Issue Our client is a renewable generation developer, owner, and operator in North American energy markets whose rapid growth into new markets has resulted in a multi-threaded compliance reporting landscape. After the winter storm in 2021and several related regulatory inquiries, our client asked us to perform a review of their three distinct business line compliance […]
Issue MidDel Consulting was engaged to review the comprehensive processes related to nominations, pathing, tracking burn volumes and storage volumes and to provide recommendations for process improvements and software enhancements. This effort was requested by front and mid office users, with specific focus on the time required to aggregate position information, update and remove schedules, […]
Issue Our client, a retail electric provider, engaged MidDel Consulting to determine best course of action to improve reporting efficiency and operational business intelligence. MidDel was tasked to identify and build improved data integrations and reporting processes for use by key business areas. After review of current reporting and multiple process reviews, MidDel proposed a […]
Issue The client operates an impressive portfolio of assets, consisting of hydro, wind, solar, and one thermal resource, across both the RTO and bilateral North American markets. Management of power markets, requires a wide-ranging combination of different people, processes, technology, and data to support the business objectives and the market requirements. At the beginning of […]
Issue Our client, a mid-sized retail power and gas company, requested that we review their existing internal systems to determine the viability of solutions and if there was cost justification to continue development. The annual development and support budget of their legacy systems was in excess of $1mm per year. Additionally, the client was unable […]
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 Our client, a retail electric provider, engaged MidDel Consulting to assess their current systems and processes landscape. MidDel was engaged to provide a recommended course of action to improve their systems capabilities, streamline current operations, and lay the foundation for future profitable growth. MidDel conducted top-down and bottom-up analyses by meeting with management and […]
Issue Our client’s Credit team was using spreadsheets and other manual processes to perform tasks their Credit System was not handling. These manual steps were workarounds and added extra time to their daily processes. The Credit System was generating incorrect values for Margin Calls and Callbacks. This alone was potentially exposing our Client to millions […]
Issue Our client was seeking to consolidate ETRM systems, which would save thousands of dollars a year in license fees if they could migrate to one platform. They had integrated one system used by the front office for deal entry with another system that was being used by mid and back office for risk and […]
Issue Our client, a large refined products blending company, implemented an ETRM system a number of years ago. The original software that was implemented failed to meet the needs around inventory valuation and reporting. This has resulted in manual work arounds for an extended period of time. The issue around blending and inventory management was […]
