Welcome to Oracle Utilities Market Settlements Management Cloud Service
Oracle Utilities Market Settlements Management Cloud Service provides functionality for reconciling the difference between a supplier’s energy purchases and its customer’s usage.
Oracle Utilities Market Settlements Management Cloud Service comprises the following functional areas:
Settlement Units: Definition of data dimensions for key market settlement processes to define the "lowest common denominator set" of aggregation dimensions for the market settlement processes.
Load Forecasting: Creation and maintenance of usage forecasts and back cast forecasts based on weather data or other variables to make informed estimates of future usages.
Aggregation: Aggregation of complex meter settlement data sets by market participants such as total consumption by supplier for an initial settlement period.
Usage Calculation: Summarization and transformation of usage and settlement calculations.
Standalone Data: Data received from external applications used in settlement calculations such as weather data from a weather station or zonal load data from an independent system operator (ISO).
Market Awards and Contracts: Definition of awards used to allocate load to various market participants and agreements with market operators (such as an Independent System Operator, or ISO) related to how settlement calculation results are sent to the market.
Oracle Utilities Cloud Service Foundation: tools used to orchestrate and automate infrastructure related processes and migrate data from legacy applications into the cloud service.
Oracle Utilities Analytics Visualization: a suite of analytics applications that provides access to data for self service exploration, discovery, visualization, and analysis. It includes rich pre-built analytical data models, metrics, and key performance indicators that allow you to derive strategic insights from your data.