Glendale Granicus #RFP GWP ETRM Selection

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

Glendale Water and Power (GWP) is seeking proposals for a comprehensive Energy Trading & Risk Management (ETRM) system to modernize and centralize its energy trading operations. - Government Buyer: - City of Glendale, Glendale Water & Power Department (GWP) - 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) - Centralizes all commercial transactions, pricing, and reference data - Integrates with internal and third-party systems (e.g., CAISO, ICE, TESLA) - Supports scheduling for entities in the Western Electricity Coordination Council (WECC) control area - Interfaces with California Independent System Operator (CAISO) - Accommodates contracts with multiple third-party energy management companies - Implementation services for system configuration, integration, training, and support - Unique/Notable Requirements: - Automation of trading processes and robust risk management features - Ability to handle complex market activities (imports, exports, arbitrage) - Compliance with California-specific regulations (Renewable Portfolio Standard, GHG mandates) - Strong data security, documentation, and upgrade management - Open to all qualified ETRM solution providers; no specific OEMs or vendors named - Quantities: - One ETRM system and associated implementation services

Description

The City of Glendale's 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 GWP, providing a centralized location for all commercial transactions, pricing, and reference data, and integrating with internal and third-party systems. The RFP includes detailed business and technical requirements, and the selection process involves proposal submission, mandatory in-person meetings, and software demonstrations.

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