ION
27 Case Studies
Case Study: California municipal utility achieves portfolio transparency and optimized hedging with ION's @Energy/PowerWorks
A ION Case Study
Energy/PowerWorks - Customer Case Study
Energy/PowerWorks, a municipal power utility serving more than 200,000 people in California, struggled to forecast market volatilities and accurately determine its net power position and market exposure, which risked over‑purchasing, under‑purchasing and unproven hedging strategies. To address this gap they engaged ION and selected ION FEA’s @Energy/PowerWorks solution for clearer, volatility‑aware forecasting.
ION deployed its FEA @Energy/PowerWorks simulation engine and analytics within two weeks to model demand, supply, price uncertainty and rate‑at‑risk correlations, giving the utility complete clarity on net position. As a result, the customer now calculates positions in real time, has optimized hedging and purchasing strategies, reduced exposure, and can present robust data for rate negotiations—backed by ongoing analytical support from ION’s PhD experts.
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