Provides Middle Office greater visibility into power market trading risk and performance

Boulder, Colorado -- Yes Energy has launched Position Management, a turnkey, consolidated solution empowering the Middle Office to oversee trading performance and manage risk for all Nodal power market trading activities.

“Position Management builds on Yes Energy’s expertise in FTR and Virtual markets, delivering visibility into the associated trading risk and performance of these complex products, allowing trading organizations to comfortably expand their participation and support healthy markets into the future,” said Isaac Velander, VP of Products, Yes Energy. 

Yes Energy’s Position Management handles the deal capture and secure storage of transactions across FTRs, virtuals, and spreads, with easy to set up market connections. On top of these captured transactions, the solution generates industry-standard metrics like P&L, Mark-to-Market, and VaR. This is all delivered to your team through automated email reporting, a visual Middle Office dashboard, and easy to integrate data API.

Position Management can also provide automated reporting to investors and fund administrators on P&L, risk, and Mark-to-Market, providing a third party independent source of this information. 

For more information on Position Management, or to schedule a complimentary consultation or demo, please visit: https://bit.ly/3vzNdZG

About Yes Energy: Yes Energy is the leader in power market data. Founded in Boulder, Colorado, Yes Energy set out on a mission to deliver nodal power traders powerful, insightful, actionable data - it now offers the most robust, high-quality energy data in the industry. Yes Energy creates innovative data solutions to power the businesses of not only nodal power traders, but also power marketers, originators, asset developers, and asset operators.

Snowflake announces third annual Data Drivers Award winners

Boulder, CO: On October 5th, 2021, Snowflake, the Data Cloud company, named Sonya Gustafson, Director of Data Products at Yes Energy, the winner in their Data Hero category of their Data Drivers Awards.  This award recognizes Sonya’s work championing and driving the implementation of Yes Energy’s modern data analytics program to provide standardized, accurate data for the nodal power markets.  Other Data Drivers winners include Warner Music Group, California Department of Technology, Kraft Heinz, and Novartis.  

“We, at Yes Energy, are honored to have an innovative market leader like Snowflake, recognize the work and dedication of one of our many talented energy market professionals.  As her peers, we are lucky enough to work with Sonya every day, and we surely know her to be a true “data hero” for our nodal power market industry, and we’re glad to see her compared so favorably to her peers in other industries as well.  Congratulations to all the data hero winners!” - Michael McNair, President & CEO, Yes Energy 

“This is an amazing honor from Snowflake - their platforms have created amazing efficiencies for our analysis at Yes Energy.  Nodal market workflows that previously took hours can now be completed in minutes!” - Sonya Gustafson, Director of Data Products, Yes Energy 

Snowflake will be holding a Snowflake Data Drivers webinar on October 22nd where award winners will share how they power their businesses with data to innovate, expand business value, and deliver enhanced customer experiences.  You can register here!

About Yes Energy: Yes Energy is the leader in power market data.  Founded in Boulder, Colorado, Yes Energy set out on a mission to deliver nodal power traders powerful, insightful, actionable data - it now offers the most robust, high-quality energy data in the industry.  Yes Energy creates innovative data solutions to power the businesses of not only nodal power traders, but also power marketers, originators, asset developers, and asset operators. 

Boosting Power Market Strategies with Accuracy and Vision

On August 12th, 2021, Live Power and Yes Energy announced the expansion of its proprietary sensor network, delivering 60-second generation and transmission data in the MISO market.  Live Power leverages its patented technology, allowing market participants to confidently trade with an up-to-the-minute understanding of the market fundamentals of supply and congestion on the power grid. 

This expansion into MISO enables delivery of Live Power MISO data, integrated with Yes Energy’s data and tools, and the information of other 3rd party vendors, enabling market participants to: 

• Make analytical decisions with greater ease 

• Boost confidence in portfolio strategies 

• Quickly and confidently adapt action plans amid unpredictable events 

Live Power’s MISO data feed is now available and covers 97 power plants and 157 transmission lines.  The MISO package includes 24 PJM plants, along the MISO/PJM seam, and complete coverage of the ComEd zone. For more information about Live Power’s MISO data and Yes Energy’s strategic partnership, visit: https://bit.ly/3yr7OzY

About Live Power and Yes Energy’s Strategic Partnership

Live Power utilizes the newest technology to provide 60-second, real-time generation and transmission data in PJM, ERCOT, and MISO markets.  Paired with Yes Energy’s solutions, Live Power’s data offers customers the ability to leverage accurate, real-time data alongside the most extensive nodal energy market data available, providing a distinct competitive advantage to players in these markets. 

Boulder, CO: On July 21, 2021, Yes Energy announced the availability of Transaction View, their newest solution.  Transaction View utilizes data from the FERC’s Electric Quarterly Reports in both deregulated and regulated markets and transforms it into easily consumable and actionable views and formats.  Transaction View offers a new way for power marketers, originators, asset developers, and asset operators to accelerate decision making and confidently expand their strategies with competitive benchmarks.

“Until now, it has proven extremely challenging for wholesale market participants to gain insight into the transactions and pricing activity of competitors. Transaction View leverages FERC’s EQR dataset to provide our customers with a goldmine of insightful transaction intelligence in an easily accessible format. Yes Energy is excited to further enable price discovery, market transparency, and competitive intelligence for all U.S. power market players.” - Cliff Rose, Product Manager

Features and benefits of Transaction View include: 

• Data to inform your pricing or buying strategy, giving you an edge in your deal negotiations 

• Access to the data your investors need to inform their investment decisions and analyze plant revenue and operations

• Quickly and easily view power transactions by power asset, company, or landscape of a region

• Competitive insight into your competitor’s transactions and business strategy

• Prospect identification - discover entities who have power contracts coming to an end

Transaction View is available beginning July 21, 2021.  For more information on Transaction view, visit : https://www.yesenergy.com/transaction-view

About Yes Energy: Yes Energy is the leader in power market data.  Founded in Boulder, Colorado, Yes Energy set out on a mission to deliver nodal power traders powerful, insightful, actionable data - it now offers the most robust, high-quality energy data in the industry.  Yes Energy creates innovative data solutions to power the businesses of not only nodal power traders, but also power marketers, originators, asset developers, and asset operators. 

FOR IMMEDIATE RELEASE: July 02, 2021

Denver Business Journal’s “Best Places to Work” Awards - Large Business Category

Boulder, Colorado: On July 2nd, the Denver Business Journal named Yes Energy the runner-up for the Best Places to Work Awards in the large business category.  The award recognizes the companies in Colorado that scored the highest on employee engagement surveys.

“Yes Energy is the complete package. Leadership that puts in the time to create a vision and works hand in hand with its people to make a plan on how to accomplish it. A culture that values its people as one of its core tenets and truly means it.” - Kim Chrislip, Senior Director, Power Infrastructure at Yes Energy

“Working with this vibrant and talented team is an honor I'm grateful for each day. Everyone at Yes Energy is passionate about supporting one another to ensure the overall company success which makes it a special place to work.” - April Duffey, Director, People Operations at Yes Energy

About Yes Energy: Yes Energy is the leader in energy market data.  Founded in Boulder, Colorado in 2008, Yes Energy set out on a mission to deliver nodal power traders powerful, insightful, actionable data - it now offers the most robust, high-quality energy data in the industry.  Yes Energy’s headquarters are still in Boulder, Colorado, and the company now employees 80 people.  Yes Energy is pleased to be ranked as the second-best large company in the Best Places to Work Awards.