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ERCOT PowerBuyer

Leverage the industry’s most advanced fundamental forecasting service to reduce your power costs and manage risk.

As a retailer or utility, your mission is to reduce power costs while minimizing risk.

On a daily basis, you are faced with the decision between bidding tomorrow’s load into the Day Ahead market or letting it settle against the cheaper but more volatile Real Time market.

What if you had a tool powered by the industry’s leading market analytics provider to pinpoint the hours in tomorrow’s Real Time market with the greatest savings and lowest risk?

Genscape’s PowerBuyer uses a state-of-the art fundamental model and experienced team of analysts to deliver:

  • Daily reports with forecasted hourly DAM and RT pricing
  • Analysis of market drivers including demand, wind, generation & outages
  • Coverage of all 4 ERCOT zones
  • Identifies optimal hourly market to buy based on cost and risk 

Launched in April 2012, PowerBuyer is fast becoming an essential new tool to pinpoint opportunities in the DAM and RT markets for optimal savings and minimum risk.

Genscape's ERCOT services now include weekend coverage. This optional weekend module delivers the same rigorous fundamental reports for Saturday, Sunday and many holidays. It also offers Genscape’s industry-leading demand forecast on a 7-day rolling basis.

PowerBuyer is easy to use and is the ideal tool for increasing margins up to 14% while managing risk. Currently Available for ERCOT market. Other regions coming soon.

Proven Results From 2011 Case Study:

  • Reduce total power costs by up to 14%
  • Save over $15/MWh for each hour shifted from DAM to RT
  • Save over $50/MWh during summer peak, while avoiding 2/3 of RT risk

Want to know more? Download the
ERCOT PowerBuyer Case Study

 

 

 

 

 

 

 

 

 

 

 

 

 

Genscape’s PowerBuyer™ is easy to use and consistently identifies low-risk opportunities. It is helping us to reduce our costs. I wish I had this years ago!”

 

Martin Downey
Senior Vice President,
TriEagle Energy

“We’re thrilled by the response we’ve seen to the ERCOT PowerBuyer service, since launching it in April. Power buyers of all kinds – Retailers, Munis, Industrials, even wind farm operators - are using it to optimize their participation in the DAM and RT markets and reduce costs.”

 

Hudson Gilmer
VP, Commercial Markets
Genscape