OK-PCI-ENERGY-SOLUTIONS
Committed to empowering energy companies with innovative software, PCI Energy Solutions has been selected by Ørsted to provide a comprehensive platform for Ørsted’s expansion in the U.S. market.
PCI will implement its ETRM software to streamline Ørsted’s trading workflows for FTRs (Financial Transmission Rights), OTC (over-the-counter) trades, exchange trades, and wholesale multi-market “bid-to-bill” functionality.
As a leading U.S. clean energy company, Ørsted selected PCI after a thorough vendor evaluation process and chose PCI for its fit-for-purpose platform, energy industry expertise, and commitment to customer success.
“Ørsted is deploying a range of renewable technologies to strengthen and expand America’s clean energy industry and we needed a dependable business partner to support our growth, which we’ve found in PCI,” said Brent Phelps, head of Trading at Ørsted.
“We’re excited to partner with Ørsted as they undertake the business expansion initiative to replace legacy systems with PCI’s integrated and scalable platform,” said Shailesh Mishra, senior vice president of Commercial and Customer Success at PCI. “Our reliable software solutions and experienced team will empower Ørsted to optimize workflows, gain efficiencies, and make data-driven decisions across their operations.”
The secure cloud-based PCI Platform powered by AWS (Amazon Web Services) has been deployed globally and helps customers optimize workflows associated with energy trading, physical power delivery, settlements, risk management, and compliance reporting with the most comprehensive solution in the space for 24×7 operations.
About Ørsted
The Ørsted vision is a world that runs entirely on green energy. Ørsted develops, constructs, and operates offshore and onshore wind farms, solar farms, energy storage facilities, renewable hydrogen and green fuels facilities, and bioenergy plants. Ørsted is recognized on the CDP Climate Change A-List as a global leader in climate action and was the first energy company in the world to have its science-based net-zero emissions target validated by the Science Based Targets Initiative (SBTi). Headquartered in Denmark, Ørsted employs approximately 9,000 people.
Learn more at A Renewable energy company that takes action | Ørsted (orsted.com).
About PCI Energy Solutions
We empower energy companies to continuously optimize all aspects of energy production, trading, transportation, and consumption. We’re a tight-knit team of 300 diligent product experts, engineers, business analysts, and more, implementing software solutions in close partnership with energy companies from across the world — our customers literally keep the lights on. We’re based in Norman (Oklahoma) with offices in Mexico City (Mexico), Lima (Peru), and Sydney (Australia). Visit pcienergysolutions.com.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240305161005/en/
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Xylem Acquires Majority Stake in Idrica to Empower Water Utilities With Intelligent Solutions10.12.2024 13:15:00 CET | Press release
Companies will further integrate solutions that help utilities accelerate digitalization and tackle critical challenges such as water scarcity and aging infrastructure Global water solutions company Xylem (NYSE: XYL) today announced that it has acquired a majority stake in Idrica, a leader in water data management and analytics, to empower water utilities with intelligent solutions for their most critical challenges. Xylem Vue, which combines Xylem’s existing digital water solutions portfolio with Idrica’s technology platform, empowers customers to address critical challenges such as water scarcity and aging infrastructure with real-time insights. Today’s move will enable the two companies to further integrate their solutions and create a simpler, more powerful customer experience. “Deepening our partnership with Idrica is a critical piece of our strategy to deliver intelligent solutions to our customers,” said Matthew Pine, CEO of Xylem. “Together, we can help them see deeper into the
Xsolla Strengthens Game Development Opportunities in the UK With Office Hours at Red Bull Gaming Sphere Partnership10.12.2024 10:00:00 CET | Press release
Xsolla Empowers Indie and Mid-Tier Developers with Payment Solutions and Direct-to-Consumer Opportunities Xsolla, a global video game commerce company, is excited to announce its role as the Official Supporting Partner (Payment Solutions) for Office Hours at Red Bull Gaming Sphere’s December 11th event. This collaborative event, hosted at the Red Bull Gaming Sphere in Shoreditch, London, offers a unique combination of co-working spaces, expert panel discussions, and game showcases to foster new opportunities for developers to grow, learn, and expand their reach in the UK and globally. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241210890933/en/ (Graphic: Xsolla) “We believe in providing equal access to opportunities for everyone and are committed to supporting efforts to help grow the local game development community in the UK,” said Chris Meredith, SVP EMEA at Xsolla. “Through our advanced payment solutions, we aim to em
YANGGUOFU Malatang’s European MALA GALA Debuts in Berlin: Culture as Wings, Fragrance Spreads Worldwide10.12.2024 09:44:00 CET | Press release
The YANGGUOFU Malatang European Spicy Festival, “MALA GALA,” was grandly opened in Berlin on December 5th, accompanied by a comprehensive upgrade of the brand image. With the core concept of “Culture as Wings, Fragrance Spreads Worldwide,” it aims to spread the culture of Eastern cuisine overseas. Since the first store was established in Spain in 2023, YANGGUOFU has quickly opened branches in 10 European countries, winning widespread acclaim. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241206278177/en/ MALA GALA (Photo: Business Wire) The MALA GALA marks the brand’s deep expansion into the European market with the simultaneous opening of new stores in Berlin and Prague. Moving forward, new stores in five countries and ten cities will be linked, and the brand’s sixth-generation stores will officially debut across the European continent, from the UK, France, Germany, and Italy to the Czech Republic. To deepen cultural excha
AQEMIA Hits $100 Million Funding Milestone, Paving Way to Clinical Trials and Global Expansion Starting with London, UK10.12.2024 09:29:00 CET | Press release
AQEMIA, a pioneering techbio that teaches atomic scale physics to a generative AI to invent innovative medicines, announces two major milestones: $100 million in cumulative funding and the beginning of a global expansion starting with London (United Kingdom). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241210380168/en/ Maximilien Levesque, CEO and Cofounder of AQEMIA (left) and Emmanuelle Martiano Rolland, COO and Cofounder of AQEMIA (Photo: Business Wire) The new $38 million funding round, led by new investor Cathay Innovation, brings total funds raised since inception to over $100 million. This round, coming less than a year after the previous one, follows the successful validation of AQEMIA’s drug discovery platform through outstanding results in internal preclinical programs and pharmaceutical partnerships, particularly in oncology. The funding will support AQEMIA’s development goals, including preparations for clinic
Kioxia Develops OCTRAM (Oxide-Semiconductor Channel Transistor DRAM) Technology10.12.2024 09:22:00 CET | Press release
Kioxia Corporation, a world leader in memory solutions, today announced the development of OCTRAM (Oxide-Semiconductor Channel Transistor DRAM), a new type of 4F2 DRAM, comprised of an oxide-semiconductor transistor that has a high ON current, and an ultra-low OFF current, simultaneously. This technology is expected to realize a low power DRAM by bringing out the ultra-low leakage property of the InGaZnO*1 transistor. This was first announced at the IEEE International Electron Devices Meeting (IEDM) held in San Francisco, CA on December 9, 2024. This achievement was jointly developed by Nanya Technology and Kioxia Corporation. This technology has the potential to lower power consumption in a wide range of applications, including AI and post-5G communication systems, and IoT products. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241209099702/en/ Fig.1: Cross-sectional TEM image for the InGaZnO vertical transistor (Photo: Bu
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom