Texas Nodal Market Readiness

Analytics Advisory Services – Ventyx’s dedicated staff of market experts provide consulting for participants in evolving markets using Ventyx software. Our services include Nodal Market Forecasts, Wind Curtailment Analysis, Economic Transmission Expansion, and CRR Strategy.

Velocity Suite – provides unmatched data quality and intelligence. We accurately capture ERCOT historical market prices including all restatements, provide current and historical insight in CRR values and portfolio position tracking on an hourly or daily basis, and feature graphical visualization of ERCOT transmission infrastructure.

NOSTRADAMUS – forecast day-ahead prices using an advanced neural network that considers historical and forecasted gas prices, weather, and unit outages.

PROMOD IV – forecast nodal prices, evaluate congestion revenue rights, and analyze wind curtailment and operational issues using Ventyx’s ERCOT-wide simulation-ready data. PROMOD IV is used extensively by California ISO, SPP, Midwest ISO, and PJM, and their market participants, for transmission planning, CRR/FTR strategy, and nodal price forecasting.

nMarket Texas – support your bidding, market communications and settlements needs seamlessly through the transition with the industry leading solution. nMarket Texas is used by more QSE’s than any other solution. nMarket has been supporting our customers in Texas since the original market launch in 2000 and we have a comprehensive delivery plan to support our customers through the Nodal transition while supporting their existing business in the Zonal market.

nMarket OfferManager Texas – manage your bids, offers, and verifiable costs data in a secure, auditable manner. OfferManager Texas is seamlessly integrated with nMarket and provides unmatched bid/offer management and decision support capabilities tailored to the nuances of the Nodal market design.

Portfolio Optimization – plan and operate your generation portfolio in the Texas market utilizing Planning and Risk and Generation Operations. Planning and Risk supports medium to long-term fuel budgeting and hedging analysis under uncertainty. Generation Operations supports short-term operational decisions such as self-scheduling, trade support, and position management for fuels, ancillary services, emissions and electricity using state of the art technology.

Retail Operations – manage your retail customers effectively through the transition. Retail Operations is the industry’s most comprehensive solution for retail energy markets offering customer pricing and quote management, customer contract management, load, revenue and cost forecasting and aggregation, and physical position reporting in a single system.