BNJ.pdf

BRAND NAME: JUSTIFICATION

Agency/Office/Name: FERG/Office of Enforcement I

1. "Brand name" of product: PowerlQ ··

2. Description of "brand name" producbRegions: NYISO, ISO-NE. PJM. MISO. CAISO. SPP

3: Name of manufacturer ,of "brand n.ame" product: Genscape

' !!. ' l

4. " The ·"brand name" provided is to identify the standard of quali~y ne'cessary. Equivalents will be . considered. __ Yes _X_No (If no, please complete Nos. 5 and 6.J .

5. If the answer to No. 4 is "no," please complete the following.

. Only the "brand n.ame" item spe~ified will meet the _Government's needs:

x A.

r x B.

c.

Because patent rights, copyrights, proprietary secret processes, control of certain materials or components providing a superior utility or capability that cannot be obtained from similar products.

Because program requirements cannot be modified so that competitive produCts or services may be used. .

Because the product or service is unique and easily established as one-of-a kind.

Please expl'ain: The current subscription f9r Genscape PowerlQ is expiring. The Office of Enforcernent (OE) requests that the Commission's contract with Genscape be renewed for its Genl?cape PowerlQ suite of prqducts. PowerlQ provides continuous and up-to-date analysis of day to-day events in wholesale electricity markets regulated by the Commission. The functionality of their models allows PowerlQ to prov.ide unique .daily reports that allow analysts to make more informed buy/sell decisions in order to m9nitor market conditions, manage risk, minimize cost, and enhance profitability. · 1

6. ' If the answer to No. 4 is "no," please indicate other reasons for restricting competition:

Staff review determined tiiat no other vendor provides an exact substitute for this product. Genscape has a set of features that are not, to our knowledge, collectively packaged into anpther product provided ·by a different vendor. Because PowerlQ is used by market participants to identifyJrading ·opportunities, the information is useful for staff's analysis. PowerlQ supports staff in assessing and reporting on key market indicators and trends, interpreting market outcomes and events, operation of assets, and understanding trading strategies. · ·

I certify to the best of my knowledge that the above statements are correct.

Public