Energy Trading & Risk Management System

The City of Glendale’s Glendale Water & Power Department is seeking a comprehensive Energy Trading & Risk Management (ETRM) system to handle power, natural‑gas, emissions, RECs, and LCFS trading across the full trade lifecycle. The vendor must deliver a hybrid‑cloud/on‑premise solution with high‑availability, robust security (SOC 2, ISO 27001, NERC CIP), extensive API integrations, and full support for scheduling, settlement, reporting, and regulatory compliance. The contract is a not‑to‑exceed price agreement, with a mandatory pre‑proposal meeting, in‑person demonstrations, and a go‑live target of early June 2027. • Provides end‑to‑end trade capture, scheduling, and settlement for multiple commodities. • Requires integration with existing systems (Munis ERP, OATI webTag, TESLA Forecast, Aveva PI, ICE/NYMEX, CARB CCA, etc.). • Demands 24/7 critical‑issue support, audit‑ready security architecture, and compliance with CCPA, SOC 2, and City‑specific data‑security policies.