SetMex is a cloud-hosted settlements and invoicing solution that is tailored for companies that participate in Mexico’s deregulated energy market (MEM). SetMex allows participants to capture the settlement statements (EDC’s) published by CENACE for all generation-owning, load-serving, and trading market participants. The solution allows you to manage the complex two-way invoicing that is unique to CENACE and provides you with the visibility you need to understand the hourly charges and credits your company may receive.
SetMex also supports shadow settlements for a selection of charge types. This is crucial when determining if your charges and credits from CENACE are in the correct amounts and using the correct quantities and prices. SetMex can also be integrated with an internal meter data system to support an even higher level of confidence that your settlement statements are accurate.
BidMex is a cloud-hosted front office solution that allows participants in the MEM (Mexico Energy Market) a single point to upload and track all their Generation and Load forecasts. BidMex allows your company or customers to report on those forecasts, both historical and future.
BidMex also supports the Oferta process, by allowing participants to not only upload and manage their forecasts, but also export those forecasts into a format that can be used for submission to CENACE. This is a critical piece of scheduling for generation and load assets, and BidMex helps to make this process streamlined, auditable, and timely.