Glendale Granicus #GWP_RFP_ETRM_Selection_2026

Glendale Water and Power seeks Energy Trading & Risk Management System (ETRM)

Glendale Water and Power is seeking proposals for a comprehensive Energy Trading & Risk Management (ETRM) system to support its energy trading operations. - Buyer: City of Glendale, Glendale Water and Power (GWP) - Products/Services Requested: - Energy Trading & Risk Management System (ETRM) - Supports trading of physical and financial power, natural gas, greenhouse gas emissions, and Renewable Energy Credits (RECs) - Integration with internal and third-party systems - Scheduling functionality for WECC and CAISO - Compliance with California Renewable Portfolio Standards and greenhouse gas regulations - Robust risk management and reporting capabilities - Implementation, customization, integration, and support services for the ETRM system - OEMs/Vendors: No specific OEMs or vendors are named in the solicitation - Notable Requirements: - Ability to handle complex energy market transactions - Support for contracts with multiple third-party energy management companies - Detailed technical, business, and security requirements - Proposers must provide company background, product details, future product direction, pricing, implementation, and support information

Description

The City of Glendale Water and Power department is soliciting proposals for an Energy Trading & Risk Management (ETRM) system. The system will support business activities across the trade lifecycle for physical and financial power, natural gas, greenhouse gas emissions, and Renewable Energy Credits trading. The ETRM system will serve as the core system for Glendale Water and Power, providing a centralized location for all commercial transactions, pricing, and reference data, and integrating with internal and third-party systems. The RFP outlines detailed business, technical, and security requirements and includes a schedule for proposal submission, demonstrations, and selection.

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