Meeting the Challenges of a Wholesale Electricity Market 

States, countries and regions have been opening their markets to wholesale competition. A key component of converting to a competitive wholesale energy market is to develop a sound approach to settlement processes, with all of its risks and responsibilities. 

Effective billing is at the heart of both system operator and market participant activities for:

• Generating revenue
• Serving customers effectively 
• Preventing and countering billing disputes      

A competitive wholesale market requires producing accurate bills quickly. Market players must revamp their strategic thinking as to what has become a critical business process.

How market participants manage settlements can dramatically impact their profitability and business success.

Business and IT Solutions for Success
 
Information technology plays a crucial role in the wholesale markets. All players must exchange data electronically. IT also plays an increasingly important role in the support of operational processes.

KEMA has played an instrumental role in supporting our clients’ strategic business objectives through business and IT consulting services including:

• Developing billing and settlement plans
• Developing processes and solutions 
• Reengineering business processes based on new business drivers and evolving market rules      

Our clients include:

• System operators
• Market participants
• Retailers
• Brokers
• Aggregators
• Load-serving entities
• Merchant generators       

Helping to Define New Market Structures Worldwide

KEMA is uniquely qualified to help you develop the competitive edge necessary to ensure a successful and profitable future.  

We are continually up-to-date on the latest deregulation initiatives and the impacts on consumers, suppliers and other market participants. And we have played a key role in defining the operational guidelines and procedures for new market structures around the globe.  

We have helped clients worldwide address the challenges and capitalize on the opportunities of restructuring. We can help you identify opportunities to increase market share and expand services territories. We also can help you implement the most beneficial programs and technologies.

KEMA has the knowledge and expertise your need to:

• Assess the impacts of new market structures on system operations and functional requirements 
• Assist with ISO structural planning
• Develop requirements to integrate power exchanges with the ISO
• Create grid codes and rules necessary for operation
• Assist with procedure development and training related to restructuring
• Assist with the implementation of necessary systems
• Apply benchmarking and performance indicators to develop performance-enhancing strategies and reduce operating costs
• Present expert testimony regarding restructuring issues