Yes Energy, a leader in power markets data, is thrilled to announce the acquisition of Power Settlements.
This combination will add value for physical power asset owners and operators by providing near real-time performance tracking and portfolio analysis tools alongside comprehensive Independent System Operator (ISO) market data and analysis tools. The addition of a bid-to-bill software system will provide power market participants an end-to-end solution, streamlining the data analysis, trade submission and portfolio analysis workflows for physical power transactions, primarily in Western markets (CAISO, WEIM, as well as MISO).
Power Settlements provides software solutions to energy companies that participate in ISO physical power markets.
Power Settlements' SettleCore™ system is a leading bid-to-bill system that incorporates robust functionality for bidding, scheduling, ISO data downloading, shadow settlements, reporting, and visual analytics.
Power Settlements’ SettleCore™ system serves physical market participants in many of the same ways that the combination of Yes Energy's Position Management and Submission Services and PowerSignals serve financial traders.