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ESG provides Scheduling and Settlement Services to energy retailers, distribution companies, and large energy consumers participating in wholesale electricity markets. These services are delivered in a business process outsourcing model, where ESG clients rely on ESG staff and systems to meet daily operating requirements. Scheduling and Settlement involves sending, receiving and validating transaction data with ISO's and other market participants on a 24 x 7 basis, all conducted according to the protocols of each market.
ESG's Scheduling and Settlement services integrate seamlessly with your organization's internal systems using ESG's Transaction Gateway. ESG clients utilize Scheduling and Settlement services to operate in multiple ISOs across the country using one common systems interface. Features of ESG's Scheduling and Settlement service include:
- Validation and submission of schedules to PJM, NYISO, MISO, CAISO, NEISO, and ERCOT
- Support for real time, day ahead or bilateral energy markets and transactions
- Processing and reporting of financial transactions in the settlement process
- Comprehensive workflow management and exceptions resolution
- Accurate load forecasting based on historical consumption and weather data
- Available allocation of wholesale costs down to the retail meter level
- Comprehensive management reporting, automated notifications, dispute resolution, customized user interface and querying capabilities, market pricing data, data warehousing and process verification
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