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

Product

Settlement, rebuilt independently.

Alektra is building independent settlement verification for battery storage: market data collected per interval, charges recomputed from the published rules, and each variance explained. ERCOT is in beta.

Data

Market prices and telemetry, aligned.

The public inputs of a settlement, collected for every interval and aligned to the market's clock.

  • Market prices and awardsRead from the market operator's published data, per interval.
  • Asset telemetryAligned to the market clock, with every gap disclosed.
  • Every input fingerprintedEach file carries its SHA-256, so a recompute can be reproduced.
  • Settlement statementsPlanned: read once an asset owner provides them.

Recompute

Charges rebuilt from the published rules.

In beta: each charge type in scope is recomputed from the market's published settlement rules and, where a contract applies, from its terms.

  • Published market rulesIn beta for ERCOT, interval by interval, for the charge types in scope.
  • Contract terms as explicit rulesRead from the contract and reviewed by a person before use.
  • Same inputs, same resultA recompute is repeatable, every time.

Verification

Built to explain each variance.

Once an asset owner provides the settlement statement, each difference between it and the recompute is to be traced to where it came from.

  • Traced to the sourceBuilt to name the interval, the charge type and the input behind each difference.
  • Neutral where attribution is unclearBoth readings shown, and the item sent for review.
  • One record for every partyBuilt so that owner, lender, offtaker and investor read the same numbers.

Use cases

Who needs one set of numbers.

  • Merchant assets

    Built to recompute market revenue, so an owner can see what the market settled and what it should have settled, interval by interval.

  • Tolling agreements

    Built to give owner and offtaker one set of numbers: availability, capacity tests, round-trip efficiency and cycling limits, checked against the contract.

  • Lenders & investors

    Built to check the cash flow behind the model, with each variance explained and traced to its source.

See what a review covers.

Tell us about the asset and the market. We will show you what we check.