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Industry Solutions > Power and Utilities

Power and Utilities

Electric Utility Operational Data Management

Deregulation of electric utility markets has fundamentally changed the structure by which electricity is delivered:

new trading arrangements are required to ensure integrated systems operate under competition rules;
rules and incentives have replaced command and control; and
consumers have retail options

All these changes require transparent, reliable and accurate information to be available in a timely manner across market participants.

To support deregulation, a new emphasis is required for:

the development, implementation and ongoing management of more integrated and reliable market and operating systems,
transmission planning,
retail mechanics to support retail choice,
accountable and reliable wholesale settlement and billing systems, and
financial risk strategies

Data quality plays a vital role in ensuring the accurate exchange of critical electric utility information across applications in near real time.

Electric Utility Data Quality Solution

The following core processes will have unique data quality issues that DataVera can address:

Core Process	Data Quality Solution	Outcome
Participant Registration: Central registration system to register retail premises and market participants	Valid change requests and tracking for retail consumer data, interval meter read data, asset and facility data,	Consistency of customer records and requests
Market Operations: Oversees wholesale market timelines to enable ancillary services market	Valid market data for day ahead market, hourly operations & adjustments to manage market imbalances & congestion	Accurate Marketing Data for scheduling and Ancillary services
Power Operations: to support the reliablilty of the grid	Accurate grid components & reliability: status, loading, voltages, frequency and system stability.	Reliable and safe operation of the power system
Load Profiling and data acquisiiton: To allocate consumption data and establish billing dterminants to settle market	Valid, standardized & aggregated energy processing & consumption data from polled settlement meter points; Distribution loss factors, UFE	Accurate load profiles, data aggregation to estimate production & consumption data
Settlements, Billing and Financial Transfer: To allocate the costs of operations to the scheduler & award payment for services purchased to maintain stability	Validate cost allocaton for market services, initial & final settlement runs, trueups, imbalances, ancillary services	Accurate daily settlement statements for interval services

What’s Your Data Telling You™

Whether it is consolidating and cleaning customer meter records, aggregate billing data or grid reliability data, Intervera Data Solutions can provide the capability to standardize and clean data, to find and match duplication information, and to convert power and utilities data.

DataVera is a revolutionary data quality solution that, unlike traditional methods that can take man-years to complete a project, uses a continually growing library of reusable and automated data solutions that transforms the data in less time with a higher quality.

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