Glendale Transit Granicus #GWP_RFP_ETRM_Selection_2026

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

The City of Glendale Water and Power Department is seeking proposals for a comprehensive Energy Trading & Risk Management (ETRM) system to support its energy trading operations. - Government Buyer: - City of Glendale, Glendale Water & Power Department - Products/Services Requested: - Energy Trading & Risk Management (ETRM) system - Must support trading of physical and financial power, natural gas, greenhouse gas emissions, and Renewable Energy Credits (RECs) - Includes trade capture, scheduling, risk management, and integration with market data providers (e.g., CAISO, ICE, TESLA) and internal systems - Must comply with California-specific regulations such as Renewable Portfolio Standards (RPS) and greenhouse gas (GHG) mandates - Requires robust automation, data security, and compliance features - Implementation, integration, customization, and ongoing support services are required - OEMs and Vendors: - No specific OEMs or vendors are named; the opportunity is open to all qualified ETRM solution providers - Unique/Notable Requirements: - System must handle complex contracts and scheduling in the Western Electricity Coordination Council (WECC) and California Independent System Operator (CAISO) markets - Integration with both internal and third-party systems is mandatory - Emphasis on automation, data security, and regulatory compliance - Proposers must provide detailed information on product capabilities, company background, pricing, and implementation approach

Description

The City of Glendale Water and Power is soliciting proposals for an Energy Trading & Risk Management (ETRM) system to support business activities across the trade lifecycle for physical/financial power, natural gas, greenhouse gas emissions, and Renewable Energy Credits trading. The system will serve as the core platform for all commercial transactions, pricing, and reference data, integrating with internal and third-party systems. The RFP outlines detailed business and technical requirements, including system design, integrations, security, support, documentation, and upgrade management. The selection process includes proposal submission, software demonstrations, and final selection, with key dates provided.

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