Centrica’s implementation of the Power Cost (PCI) Generation Supply Management System includes PCI GenTrader for short- and long-term power portfolio optimization and PCI GenPortal for business process management and deployment of customized processes.
According to Centrica Energy, one of the highlights of the implementation was the development of PCI Deal Analyst, which optimally fills an open or residual position with available trade products for a given short- or long-term time horizon. The firm said that together, the PCI products will enable Centrica to extract maximum value from its portfolio and the markets in which it operates.
Sarwjit Sambhi, director of the power business unit at Centrica, said: Our objective was to procure and implement a single comprehensive decision-support system that provides optimization analytics for our short-term operations and long-term hedging of our asset and load portfolios.
We partnered with PCI to meet this objective, and have successfully completed implementation of their system. We will receive significant value from the PCI system through optimization of our complex portfolio of multiple combined-cycle power stations, bilateral contracts, brokered trades and markets.
