PLACEHOLDER Draft copy for the owner's review. Nothing on this page is approved yet.

Settlement, illuminated.

Independent settlement verification for grid-scale battery storage.

Who it serves

One settlement record.
Every party reads what matters.

Choose a party
Settlement recordSample · [Asset A] · [Month Year]
  • Reported by the ISO [$ X]
  • Earned, independently recomputed [$ X]
  • Owed under contract [$ X]
  • Variance, explained [$ Δ]
  • Availability and efficiency [N]%
  • Dispatch performance [N]%
  • Track record [N] months
  • Sign-off [Status]

What the owner reads

  • Check settled revenue against the recompute
  • Check optimizer performance against telemetry

What the lender reads

  • Check the cash flow behind DSCR
  • Built to help see shortfalls early

What the offtaker reads

  • Check toll and floor terms
  • See where settlement disputes start

What the equity investor reads

  • Check returns against the model
  • Built to help support value at exit or refinancing

What the insurer reads

  • Check claims against settlement data
  • See dispatch data for pricing

What optimizers read

  • Check dispatch performance against telemetry
  • Built to help keep a track record for M&A and financing

What we do

Recompute.

From the published rules.

Explain.

Each variance, traced.

Record.

One set of numbers for every party.

Per asset, per year

105,120

five-minute intervals in one year of a market's data. The beta is built to check them, starting with ERCOT.

Sample attestation

  • Energy Matches
  • Regulation Review
  • Reserves Matches
Market

8,760 hours.
Built to find the few that matter.

JanFebMarAprMayJunJulAugSepOctNovDec JanAprJulOct

ERCOT · Beta · each cell is one hour of one year · exceptions in amber · illustrative, placeholder amounts

  • Exception · ERCOT · Ancillary services

    [Day] · [HH:MM]

    Ancillary service award settled against a superseded schedule.

    [$ X] variance

  • Exception · ERCOT · Real-time energy

    [Day] · [HH:MM]

    Discharge settled at the wrong settlement point price.

    [$ X] variance

  • Note · ERCOT

    [Day] · [HH:MM]

    State-of-charge telemetry gap. Interval flagged and excluded.

    Disclosed, not billed

JanFebMarAprMayJunJulAugSepOctNovDec JanAprJulOct

PJM · Coming soon · common issues we will check, no results · each cell is one hour of one year · illustrative

  • Common issue · PJM · Regulation

    Whether the performance score applied matches telemetry.

    What we will check

  • Common issue · PJM · Regulation

    Whether mileage and performance are measured against the Regulation signal in force.

    What we will check

  • Common issue · PJM · Reserves

    Whether a lost opportunity cost credit is paid for each reserve assignment.

    What we will check

  • Common issue · PJM · Energy

    Whether the day-ahead position settles at the right pricing node.

    What we will check

  • Note · PJM

    Whether revised meter data changes the initial settlement.

    What we will check

JanFebMarAprMayJunJulAugSepOctNovDec JanAprJulOct

CAISO · Coming soon · common issues we will check, no results · each cell is one hour of one year · illustrative

  • Common issue · CAISO · Bid cost recovery

    Whether a bid cost recovery shortfall is credited.

    What we will check

  • Common issue · CAISO · Imbalance energy

    Whether imbalance energy settles at the right five-minute price.

    What we will check

  • Common issue · CAISO · Flexible ramping

    Whether a flexible ramping payment is made for each awarded interval.

    What we will check

  • Common issue · CAISO · Regulation

    Whether the mileage payment uses the right accuracy adjustment.

    What we will check

  • Note · CAISO

    Whether a recalculation statement revises earlier amounts.

    What we will check

JanFebMarAprMayJunJulAugSepOctNovDec JanAprJulOct

MISO · Coming soon · common issues we will check, no results · each cell is one hour of one year · illustrative

  • Common issue · MISO · Make-whole

    Whether a revenue sufficiency guarantee payment is made where owed.

    What we will check

  • Common issue · MISO · Energy

    Whether excessive or deficient energy deployment charges apply as the tariff sets them.

    What we will check

  • Common issue · MISO · Ramp capability

    Whether a ramp capability credit is paid for each cleared interval.

    What we will check

  • Common issue · MISO · Energy

    Whether the day-ahead schedule settles at the right pricing node.

    What we will check

  • Note · MISO

    Whether a resettlement run changes amounts from the prior statement.

    What we will check

One record.

SAMPLE RECORD · SHA-256 [hash]

Illustrative. The form of a signed Alektra record is not decided yet.