PCI Selected by GPG México to Provide End-to-End Market Participation and Trading Platform for the Mexico Wholesale Electricity Market (MEM)
NORMAN, Okla.–(BUSINESS WIRE)–#energymarkets–Power Costs, Inc. (PCI) is pleased to announce that Global Power
Generation (GPG), a subsidiary of Gas Natural Fenosa, has selected PCI’s
industry-leading platform for market participation and trading for all
its entities in the Mexico Wholesale Electricity Market (MEM). GPG will
be implementing PCI’s integrated solution to streamline its operations
through one common trading portal.
GPG Manager, Antonio Lopez Lara noted, “The Mexico Wholesale Electricity
Market is an important growth initiative for us, and we needed
‘best-of-breed’ software to optimize our participation in MEM. We
selected PCI based on the comprehensive features of its platform and
in-depth experience with deploying solutions for several clients in
Mexico since the start of the market.”
PCI Vice President, Shailesh Mishra noted, “This selection highlights
our established product offerings for Independent Power Producers (IPPs)
such as GPG and the value our platform can provide. We welcome GPG as
our new customer in Mexico and look forward to a long-term relationship.”
With this selection, PCI continues to expand its leadership position as
the preeminent software provider in Mexico for all types of MEM
participants, including Generation and Trading entities, as well as
Qualified Suppliers. Notably, PCI’s customers in MEM represent more than
85% of the generation capacity in Mexico.
About Global Power Generation
A subsidiary of Gas Natural Fenosa, GPG is engaged in the electricity
generation business. It develops and manages power generation assets
with a global focus leveraging technologies and experience that
guarantee success. GPG offers its expertise to clients by providing
engineering, operations and maintenance services for their facilities
with a competitive edge centered on a shared vision with the facility
owner. To learn more about GPG, please visit www.globalpower-generation.com.
About Power Costs, Inc. (PCI)
PCI is the leading provider of essential energy management software,
superior customer support and value-added services for energy-focused
companies. Founded in 1992 by Dr. Fred Lee, PCI continues to refine and
develop new software solutions that meet the ever-evolving needs of its
clients which include investor-owned, municipal and cooperative
utilities, independent power producers as well as energy marketing and
trading organizations. More than half of all the power generated in the
United States is optimized using PCI software solutions and over 60% of
the Fortune 500 Energy and Utility firms in the U.S. are PCI clients.
PCI is a privately held company based in Norman, Oklahoma with offices
in Houston, Raleigh and Mexico City. To learn more about PCI, please
visit www.powercosts.com.
Contacts
Power Costs, Inc. (PCI)
Stuart Wright, +1-303-917-3565
swright@powercosts.com