PowerSpark is a market dependent generation cost development system. PowerSpark estimates a unit’s substantive energy production cost for marked bidding and unit dispatch based on historical and recent expenditure patterns. It maintains unit parameters that are related to the equipment efficiency and operating constraints that may affect the production outcome.

Benefits

• Create Multiple Cost Types such as Replacement, Market Rules Cost, Weighted Avg.
• Calculate Margins using different cost types.
• All Calculated cost output, input, and intermediate calculations are stored for auditing or review purposes.
• Costs are calculated as inputs change so if fuel or other costs change hourly, costs are then automatically calculated hourly.
• Automated interfaces with internal and external source systems where possible and mass data import or manual entry capabilities.
• Enhanced GUI (graphical user interface) providing single-screen access to multiple applications with drill-down searching capability allowing fast and easy access to specific information.
• On-line history of historical records that can be accessed for immediate query, reporting and analysis.
• Cost formulas can be edited/updated as required

Features

• Ability to capture and maintain all components used to calculate fuel-related costs across all ISO markets (currently PJM, SPP, ERCOT, & MISO).
• Ability to define and maintain Cost Development Policies for each market based on: Weighted Average Fuel Costs, Replacement Fuel Costs, True
• Fuel Costs, User Defined Costs and CDTF Fuel Costs.
• Ability to define and update costing methodology for each market as changes occur.
• Ability to define existing standard reports as well as have ad hoc reporting capabilities.
• Ability to perform “What If” Scenarios by retrieving & modifying data from one of the standard policy datasets.
• Ability to define and maintain Cost Development Policies for each market.