Orden Cardinal ‘ORCA Energy’ Selects PCI to Be Its Vendor for Providing End-to-End Market Participation and Trading Solution in the Mexico Wholesale Electricity Market (MEM)

NORMAN, Okla.--()--Power Costs, Inc. (PCI) announced today that Orden Cardinal S.A.P.I. de C.V. has selected PCI’s state-of-the-art platform for trading and market participation needs for its entity ORCA Energy in the Mexico wholesale electricity market (MEM). PCI will be implementing its GenManager® solution for ORCA Energy to start trading in the new market as a Qualified Supplier (Suministrador Calificado).

ORCA Energy’s CEO, Rubén Lopez noted, “Upon evaluating other solutions in the market, we found PCI to have the most comprehensive solution for our immediate and future business needs.”

With this selection, PCI is further extending its leadership in Mexico and is ready for significant expansion in the coming future. Its solutions for MEM are used by all types of market participants including Generation entities, Qualified Suppliers, and other Trading entities. PCI’s client-base includes a wide range of energy Industry players from large to small utilities as well as marketing, supply and trading firms in all North American markets.

“Our experience in working with several clients from the initial stage of short-term market run by Centro Nacional de Control de Energía (CENACE), to taking them live successfully has been an instrumental milestone for PCI and is helping us rapidly deploy our end-to-end solution for other market participants,” said Javier Martin, Vice-president, Product Management at PCI.

About Power Costs, Inc. (PCI)

PCI is the leading provider of generation supply management software, superior customer support and value-added services for energy focused companies. Founded in 1992 by Dr. Fred Lee, PCI continues to refine and develop new software solutions that meet the ever-evolving needs of its clients which include investor-owned, municipal and cooperative utilities, independent power producers as well as energy marketing and trading organizations. More than half of all the power generated in the United States is optimized using PCI software solutions and over 60% of the Fortune 500 Energy and Utility firms in the U.S. are PCI clients. Additionally, PCI has solid and fast growing presence in Mexico and Canada.

PCI is a privately held company based in Norman, Oklahoma with offices in Houston, Texas and Raleigh, North Carolina. To learn more about PCI, please visit www.powercosts.com.

About Order Cardinal ‘ORCA Energy’

ORCA Energy is a Mexican company dedicated to developing and commercializing comprehensive energy solutions for the public and private sectors. ORCA received a qualified supply permit, granted by the Energy Regulatory Commission (CRE). ORCA’s objective is to address the opportunities derived from the Energy Reform, allowing it to be an alternative provider of clean, accessible and quality energy to end-users. More information about ORCA Energy can be found at: http://orcaenergy.com.mx/.

Contacts

Power Costs, Inc. (PCI)
Stuart Wright, 303-917-3565
swright@powercosts.com

Release Summary

Orden Cardinal ‘ORCA Energy’ selects PCI to be its vendor for providing end-to-end market participation and trading solution in the Mexico Wholesale Electricity Market (MEM).

Contacts

Power Costs, Inc. (PCI)
Stuart Wright, 303-917-3565
swright@powercosts.com