Fortech launches Real-time Power Scheduling Services - Bhasker Rao, Ph.D., C.E.O looking for partners
Fortech offers energy companies real time scheduling and settlements services.
- (1888PressRelease) February 15, 2011 - Fortech Software Consulting, Inc. announced the launching of its REAL TIME ENERGY SCHEDULING & ENERGY MANAGEMENT SERVICES
leveraging its unique Utility Power Operations expertise along with its proprietary line of Automated Solutions. These services are intended to provide huge cost savings and increased efficiencies to entities ranging from small Independent Power Producers to large Control Areas.
Fortech's Services and Solutions for the utility industry utilize a combination of several leading-edge technologies and experience. According to Bhasker Rao, Ph.D., C.E.O of Fortech Software Consulting Inc., of Tempe AZ, "the introduction of Fortech's Power Scheduling & Energy Management Services could result in tremendous cost savings to its clients while allowing them to focus internal resources on their core competencies."
Who could benefit from these Services?
- Independent Power Producers
- Smaller to Medium Sized Control Areas
- Cities/Municipalities
- Cooperatives
- Investor Operated Utilities, etc.
Fortech's Services Include:
Generate Forecasted Load Schedule (Using archive Load data and Fortech's Load Forecasting module)
Validate the Forecasted Schedules against contracts and generate Schedules
Generate & Submit E-Tags
Perform next-day Pre-Schedule Tags
Monitor Real-Time Schedules utilizing meter data
Perform curtailments or adjustments as and when required
Perform end-of -Day Check-out with the Counterparties
Perform Energy Accounting (based on contracts/meter data)/ Settlements
Perform Transmission Accounting
Contract administration
Short and long-term power planning activities
Wholesale power contract negotiations
Transmission planning issues
Daily, Weekly, Monthly Reports
Fortech's Experience: Fortech experience includes providing a 24 x 7, Real-time Scheduling services to clients with a combined load in excess of 2100 MW peak. Fortech, had successfully handled more than 400,000+ Energy Transactions, 200,000+ Transmission Transactions, which amounts to an average of 450+ Transactions per day.
About Fortech Software:
Fortech is a leading provider of integrated software products and services for the Utility Industry. In addition to its standard products, the company also provides Power Scheduling and Curtailment Services, Custom Application Development, IT consulting and Systems Integration Services.
Fortech has its corporate office in Tempe, AZ. It also has a state of the art development and R&D Center in Hyderabad & Kolkata, India.
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