ELECTRICITY ANALYTICS CONSULTING

Quantitative Excellence for CAISO Portfolios

Expert analytics for energy storage, procurement, and portfolio optimization. Delivering transparency, rigor, and actionable insights for complex energy decisions.

Strategic Projects

Proprietary frameworks and methodologies designed for complex energy optimization challenges

PROPRIETARY MODEL

BESSPATCH PCM

Our proprietary Production Cost Model for Storage Optimization delivers unparalleled dispatch value capture. Optimize storage operations with precision modeling that accounts for market dynamics, operational constraints, and paired resource strategies.

Dispatch value capture optimization
Paired operations strategy (Storage + 'X')
Grid charging and curtailment reduction
MEASUREMENT FRAMEWORK

The Optimization Olympics

Rigorous dispatch pilot design and measurement frameworks that establish objective performance standards. Compare optimization strategies with scientific precision and defensible metrics.

Objective performance measurement
Dispatch pilot design methodology
Vendor evaluation frameworks

Service Categories

Comprehensive analytics solutions tailored to your needs

HIGH-VALUE PRODUCTS

Strategic Analytics

Complex, high-impact projects requiring deep quantitative expertise and proprietary modeling capabilities.

  • Storage Optimization (BESSPATCH PCM)
  • Procurement & Asset Management Analytics
  • Energy & Congestion Hedging Advisory
VIEW DETAILS
FOCUSED ENGAGEMENTS

Decision Support

Targeted analysis and review services for specific commercial, procurement, and performance decisions.

  • Contract & Commercial Review
  • Procurement & Vendor Decision Support
  • Portfolio Performance & Strategy Review
VIEW DETAILS

Why Choose HQS

CAISO

Market Expertise

Deep understanding of CAISO market mechanics, regulations, and optimization opportunities

100%

Transparency

Clear methodologies, defensible assumptions, and reproducible results in every engagement

ACTIONABLE

Practical Insights

Analytics designed to inform decisions and drive measurable business outcomes

Ready to Optimize Your Portfolio?

Let's discuss how HQS can deliver quantitative excellence for your energy analytics needs.

START A CONVERSATION
COMPREHENSIVE SOLUTIONS

Our Services

From complex optimization models to focused decision support, we deliver analytics that drive results

HIGH-VALUE PRODUCTS

Strategic Analytics

Complex, high-impact projects requiring deep quantitative expertise, proprietary modeling capabilities, and comprehensive market analysis.

1. Storage Optimization (BESSPATCH PCM)

Dispatch Value Capture

Leverage our proprietary BESSPATCH Production Cost Model to maximize storage asset revenue through optimal dispatch strategies that account for market dynamics, degradation, and operational constraints.

Paired Operations Strategy (Storage + 'X')

Model contracting options including no-grid-charge provisions, MWh grid-charge caps, and percentage-of-charging caps. Optimize renewable self-supply and reduce curtailments through strategic pairing analysis.

2. Procurement, Asset Management, and Settlement Analytics

RFO Valuation Support

Scalable offer evaluation across resource types with rigorous valuation methodologies and transparent assumptions.

Slice-of-Day Resource Adequacy Value

Quantify resource adequacy value across different time slices and market conditions.

Dispatch Pilot Designs

Design and implement rigorous dispatch pilot programs with objective measurement frameworks.

Contract Performance & Enforcement Analytics

Monitor contract performance, identify enforcement opportunities, and quantify value leakage.

3. Energy & Congestion Hedging Advisory

Energy Demand and Renewables Forecasting

Develop robust forecasting models for energy demand and renewable generation profiles.

Congestion Strategy (CRR Optimization)

Optimize Congestion Revenue Rights portfolios to hedge transmission risk and capture value.

Storage Hedge Design

Design hedging strategies that leverage storage flexibility to manage price and volume risk.

FOCUSED ENGAGEMENTS

Decision Support

Targeted analysis and review services for specific commercial, procurement, and performance decisions requiring expert evaluation.

1. Contract and Commercial Review

Storage Contract Value Review

Identify how contract provisions are being monetized, including performance incentives, operating constraints, and counterparty optionality.

Market-Facing PPA and Amendment Review

Review pending PPAs, amendments, and counterparty markups to pinpoint value leakage, hidden risks, and negotiation points.

Grid Charging Strategy Review

Assess whether structured grid charging is likely to add value under contract commercial terms and identify practical implementation steps.

2. Procurement and Vendor Decision Support

Storage Software Evaluation Support

Support storage software procurements by helping define decision criteria, screen vendors, structure interviews, and build defensible shortlists.

Forecast and Backcast Challenge Review

Review third-party or internal forecasting and backcasting materials to assess whether methodologies are decision-useful and identify critical questions before relying on results.

Procurement Scoring and Interview Support

Provide structured support during live procurement cycles, including scoring frameworks, red-flag identification, and decision-readiness materials.

3. Portfolio Performance and Strategy Review

Monthly Portfolio Performance Review

Provide executive-ready reviews of portfolio performance across load cost, generation, CRRs, and major deviations from budget or expectations.

Renewable Bidding and Curtailment Review

Review renewable bidding and curtailment practices to identify whether current approaches are creating avoidable REC or generation inefficiencies.

CRR Performance Review

Review congestion revenue rights outcomes and current practices to identify practical opportunities for performance improvement without launching a full trading redesign.

Need a Custom Solution?

Every portfolio has unique challenges. Let's discuss how we can tailor our services to your specific needs.

DISCUSS YOUR PROJECT
FLEXIBLE PARTNERSHIPS

Engagement Models

Choose the engagement structure that best fits your project scope, timeline, and business needs

Our Engagement Process

1

Discovery

Initial consultation to understand your needs and objectives

2

Proposal

Detailed scope, timeline, and pricing tailored to your project

3

Execution

Rigorous analysis with regular communication and updates

4

Delivery

Clear deliverables with actionable insights and recommendations

Ready to Get Started?

Let's discuss which engagement model best fits your project needs and timeline.

SCHEDULE A CONSULTATION
ABOUT US

Hernandez Quantitative Systems

Delivering quantitative excellence for complex energy decisions in CAISO markets

Our Mission

To provide electricity market participants with transparent, rigorous, and actionable analytics that transform complex market data into confident business decisions. We believe that quantitative excellence requires both technical sophistication and practical understanding of commercial realities.

FOUNDER & PRINCIPAL

Sean J. Hernandez

Sean brings deep expertise in CAISO market operations, energy storage optimization, and quantitative analytics. With a background spanning portfolio management, market analysis, and commercial strategy, he founded HQS to deliver the analytical rigor and transparency that complex energy decisions demand.

His approach combines sophisticated quantitative methods with practical understanding of commercial constraints, regulatory requirements, and operational realities. This ensures that analytics are not just technically sound, but directly applicable to real-world business decisions.

Sean's work spans the full spectrum of CAISO market participation, from energy storage optimization and procurement analytics to congestion hedging and contract performance measurement.

Areas of Expertise

CAISO Market Mechanics

Deep understanding of day-ahead, real-time, and ancillary service markets

Energy Storage Optimization

Proprietary production cost modeling and dispatch optimization

Quantitative Analytics

Statistical modeling, forecasting, and performance measurement

Commercial Strategy

Contract structuring, procurement support, and value optimization

Why Choose HQS

Transparency

Every analysis includes clear methodologies, defensible assumptions, and reproducible results. No black boxes, no proprietary secrets—just rigorous work you can understand and verify.

Rigor

We apply quantitative discipline to every engagement, from data validation to sensitivity analysis. Our work withstands scrutiny because it's built on solid analytical foundations.

Actionability

Analytics must inform decisions. We focus on insights that drive action, whether that's optimizing dispatch, structuring contracts, or evaluating procurement options.

Market Expertise

Deep understanding of CAISO market rules, settlement processes, and operational constraints ensures our analytics reflect real-world market dynamics.

Commercial Awareness

We understand that analytics must account for commercial realities—contract terms, regulatory constraints, and business objectives—not just theoretical optimization.

Practical Focus

Our recommendations are implementable. We consider operational feasibility, resource constraints, and practical next steps in every engagement.

Our Values

Intellectual Honesty

We acknowledge uncertainties, limitations, and alternative interpretations. Good analytics requires honest assessment of what we know and don't know.

Client Partnership

Your success is our success. We work collaboratively to understand your objectives and deliver analytics that serve your business needs.

Continuous Learning

Energy markets evolve constantly. We stay current with market changes, regulatory developments, and analytical innovations.

Quality Over Volume

We prioritize delivering exceptional work over maximizing project count. Every engagement receives the attention it deserves.

Let's Work Together

Ready to bring quantitative excellence to your energy analytics challenges?

START A CONVERSATION
GET IN TOUCH

Contact Us

Let's discuss how HQS can support your electricity analytics needs

Send Us a Message

Contact Information

Office Hours

Monday - Friday

9:00 AM - 6:00 PM PT

We typically respond to inquiries within 24 hours during business days.

Ready to Get Started?

Whether you need a comprehensive optimization study or targeted decision support, we're here to help. Let's discuss your analytics needs and how HQS can deliver the insights you need.