Services for Renewables DevelopersCon Ed Energy Renewables Developers Services

No matter the type, size, or market location of your renewable asset, Con Edison Energy, Inc. can help you maximize the value of your renewable investments.

With more than 7,750 MWs of generation under management, including 50 MWs of solar, we provide the most comprehensive suite of renewable asset-management services from consulting and strategic planning to core logistical services such as bidding and scheduling, REC management, and hedge execution. Our services are designed to handle all operational, trading, and settlement functions required to efficiently manage your renewable-asset portfolio.

Hedging and Risk Management

Con Edison Energy's experienced group of energy professionals will work closely with your organization to develop hedge plans designed to meet your financial targets. We can design and develop strategies and execute them using our counterparty contracts or, on your behalf, as an agent. Our broad range of services and capabilities can help to optimize mid-term and long-term scenario-based strategies that can help optimize your load portfolio.

  • Forward Price Creation for Wholesale Market Products (Renewable, Energy, Capacity)
  • Origination and Financial and Physical Hedge Execution
  • Intra-month Trading to Balance
  • Trade Capture, Valuation and Reporting
  • Supply Contract Evaluation
  • Detailed P&L and Risk Reporting (Position, MtM, Credit Exposure)

Forecasting and Scheduling

Con Edison Energy can execute a variety of strategies to optimize the value of your renewable asset. Using short-term output forecasting and analytics, we can determine the appropriate participation in day-ahead and real-time energy markets while minimizing balancing costs for your renewable portfolio. We also provide our clients with real-time operational data, including granular output details, system faults, and break statuses to ensure operational reliability and real-time ISO reporting.

  • Short-Term Output Forecasting
  • Physical Asset Monitoring and ISO Output Reporting
  • Day-Ahead and Real-Time Bidding
  • Physical Energy Scheduling and NERC tagging
  • Renewable Energy Credit (REC) Scheduling
  • Capacity Auction Participation
  • Analytics and Decision Support

REC Management

From minting to marketing and scheduling, we provide renewable-asset owners and developers the services to track, value, verify, and bring RECs to market. We are actively involved in compliance and voluntary driven REC markets in New England, New York, PJM, and Texas.

  • REC-Inventory Tracking and Management
  • REC Valuation
  • ISO-System Account Maintenance
  • GIS/GATS Asset Registration
  • Verification of Minted REC Volumes
  • Scheduling of RECs to Counterparties

Settlements and Performance Monitoring

With more than ten years of cross-commodity and cross-ISO experience, our dedicated team of settlement analysts can help decrypt and decipher ISO/RTO settlement data and help asset owners get a clear picture of performance and profitability. We offer customized reporting solutions helping asset owners leverage the deluge of data into meaningful and actionable information.

  • Performance Monitoring
  • Customized Settlement Reporting
  • ISO and Third-Party Invoice Reconciliation
  • Shadow Settlement of ISO Invoices
  • Budgeting and Forecasting

Regulatory and Compliance

Con Edison Energy's dedicated staff of regulatory professionals monitors the federal and local regulatory landscape to help your organization understand and prepare for possible impacts of regulatory changes to your business.

  • Regulatory and Compliance Updates
  • Committee Participation
  • Regulatory Planning
  • Compliance Monitoring
  • Market Intelligence