Power Marketing Loyalty
Powering Tomorrow’s Solutions
The Tenaska Power Services Co. (TPS) story reflects the broader Tenaska story. Built on a legacy of loyalty and powered by its people, TPS remains a forward-thinking, solution-driven energy marketing company.
This year, TPS reaches an important milestone: its 25th anniversary. That is two and a half decades of putting customers first, listening, applying an unmatched depth and breadth of expertise, and working in partnership to find solutions that bring value. TPS’ first customer remains a customer today, proof positive of a business model that has stood not only the test of time but, especially in 2021, the test of circumstances.
When a severe winter storm pummeled parts of the United States, particularly Texas, TPS employees worked around the clock to help customers overcome challenges. As demand grows for energy from renewable resources, so too are TPS’ Renewable Energy Advisory Services, a trusted guide in navigating the ever-changing marketplace. And to accomplish this, TPS continues to hire employees with a broad range of skills and backgrounds to meet the scope of its customers’ needs.
Over the past few years, TPS has more than doubled the capacity it manages for customers — a base that has grown in both numbers and diversity — and continued to enhance the services for which it has been repeatedly recognized.
28%
TPS-Managed Capacity Is Renewable Generation
TPS PROVIDES
Extensive Suite Of Services To Various Load Types Across The United States
1,500 MW
Energy Storage Under Management
180
Total TPS Employees
TPS Services
As an experienced power marketer, TPS offers customers a variety of optimization, risk management, power trading and settlement services. Examples include:
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Bilateral and centrally cleared purchase and sale of electric capacity, energy, ancillary services and renewable energy products
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Around-the-clock operations, trading and energy management
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Acquisition, management and optimization of electric transmission and congestion rights
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Energy risk management, including financial and physical hedging
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Sophisticated risk and structuring analytics that can provide customized optimization and position evaluation tools and reporting for customer portfolio management strategies
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Market operations and interface, scheduling, tagging and bidding
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System operations, dispatch, Supervisory Control and Data Acquisition (SCADA) and Energy Management Systems (EMS)
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Customized accounting, settlement, invoicing and reporting
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Shadow settlement, estimated settlement and Independent System Operator/Regional Transmission Organization (ISO/RTO) dispute management utilizing PowerTools Platform® (PTP), a proprietary complete “bid-to-bill” system
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Wholesale and retail load management
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Renewable Energy Advisory Services
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Energy brokerage for wholesale and retail load
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Energy storage resource management and optimization
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Risk management and credit support
Customer Types
TPS Highlights
This has been a year of milestones for TPS, from celebrating its anniversary to participating in major projects, such as the launch of operations at the Coniglio Solar Project in Texas. In the links below, watch a video reflection on the past 25 years and read more about developments in the space.
Celebrating 25 Years
Hear from TPS President Kevin Smith and others on the culture of service to customers that makes Tenaska’s power marketing business tick.
TPS Technologies
TPS puts cutting-edge technology to work in service to customers, from optimizing operations to providing actionable data.
Solar Project Launches
Last fall saw the launch of operations at the Coniglio Solar Project in Texas. TPS manages the site’s energy output.
TPS Areas of Operation
Regional Markets
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CAISO
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PJM
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ERCOT
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SPC
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ISO-NE
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CAISO-EIM
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IESO
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MISO
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WECC
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SPP
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AESO
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NPCC
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SERC
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NYISO
- TPS Office
- Dot Size Proportionate To Number Of Customers
Offices & Contact information
Dallas Headquarters
The Point At Las Colinas
300 E. John Carpenter Freeway
Suite 1100
Irving, Texas 75062-2389
USA
Philadelphia Office
Courtyard Building
3900 Skippack Pike
Suite D-3
Skippack, Pennsylvania 19474-1346
USA