Opportunity
Glendale Granicus #3500
Glendale Water and Power seeks Energy Trading & Risk Management System (ETRM)
Posted
October 04, 2023
Respond By
August 20, 2026
Identifier
3500
NAICS
541512
Glendale Water and Power is seeking proposals for an Energy Trading & Risk Management System (ETRM) to modernize and automate its energy trading operations. - Government Buyer: - City of Glendale, Glendale Water and Power department - Products/Services Requested: - Energy Trading & Risk Management System (ETRM) - Must support trading of physical and financial power, natural gas, greenhouse gas emissions, and Renewable Energy Credits (RECs) - Core platform for commercial transactions, pricing, and reference data - Integration with internal and third-party systems - Scheduling functionality for Western Electricity Coordination Council (WECC) control area - Compliance with California Renewable Portfolio Standards and greenhouse gas regulations - Automation, security, upgrades, release management, and documentation - Implementation services including integration, support, customization, and documentation - OEMs and Vendors: - No specific OEMs or vendors mentioned in the solicitation - Unique/Notable Requirements: - Comprehensive business and technical requirements - System must address evolving needs and regulatory compliance - Solution should automate processes and support complex energy trading activities
Description
The City of Glendale Water and Power is soliciting proposals for an Energy Trading & Risk Management System (ETRM) to support business activities across the trade lifecycle for physical and financial power, natural gas, greenhouse gas emissions, and Renewable Energy Credits trading. The system will serve as the core platform for 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, and documentation. The goal is to select and implement a new ETRM system that automates processes and meets the evolving needs of Glendale Water and Power's energy trading operations.