Elevating Standards for the Next 25 Years
Our depth and breadth of experience has consistently driven customer success, and we’re able to maintain that success through elevating our standards year after year. As we look toward the next 25 years, our team will continue to power innovative solutions from a unique place in an ever-evolving industry.
A Past of Looking Forward
We have many accomplishments to celebrate throughout our 25 years in business. This is the story of a team that never settles in pursuit of forward-thinking solutions.
Origin
Tenaska Power Services (TPS) begins providing energy management services in the Electric Reliability Council of Texas (ERCOT) under the leadership of Trudy Harper.
Year in Review
TPS manages our first customer in the Southwest Power Pool (SPP), moves to a new office location, becomes a Qualified Scheduling Entity (QSE) in ERCOT, and purchases our first long-term DC-Tie Transmission.
Employees
TPS reaches more than 50 employees and begins providing retail services in ERCOT.
Partnership
TPS and Occidental Energy Ventures enter into a 50/50 limited partnership — Tenaska Oxy Power Services (TOPS). The TOPS partnership was created to manage and market electricity for wholesale and large industrial customers in the ERCOT power market. This lasted until December 2006.
Markets
TPS begins congestion trading in the ERCOT Zonal Market.
Markets
TPS manages our first customer in PJM Interconnection (PJM).
Markets
TPS manages our first customer in Midcontinent Independent System Operator (MISO).
PowerTools
TPS introduces the PowerTools Platform® as the ERCOT Nodal Market launches. TPS sets a new industry standard for energy management and settlement services with the development of our proprietary data management and calculation engine — PowerTools Platform®.
Markets
TPS begins trading in Western Electricity Coordinating Council (WECC).
Leadership
Trudy Harper retires as president of Tenaska Power Services, and Kevin Smith is named president.
Markets
TPS begins trading in the California Independent System Operator (CAISO) Market.
Year in Review
TPS begins trading Transmission Congestion Rights in Southwest Power Pool (SPP) and reaches 100 employees.
Markets
TPS manages our first customer in ISO New England Inc. (ISONE).
Customers
TPS serves first Nevada Retail Load — MGM.
PowerTools
TPS launches the PowerTools Portal.
Markets
TPS manages our first customer in New York Independent System Operator (NYISO).
Employees
TPS reaches 150 employees.
Headquarters
TPS moves to a new location at The Point at Las Colinas in Irving, Texas.
Winter Storm Event
The Midwest and Texas are hit with unprecedented winter weather, causing disruption to the power grid. TPS employees work around the clock to ensure reliable and stable customer service is provided.
ORIGEN™ Platform
TPS launches a new technology platform — ORIGEN — for energy storage management and optimization.
Tenaska Power Services Celebrates 25th Anniversary Milestone
TPS celebrates 25 years of growth with more than 180 employees providing services in 15 markets.
Powered by People
Our people and their dedication to long-term relationships are our greatest asset. We owe every milestone to our team members, our customers and all who have supported us leading up to this notable anniversary. You fuel our success so we can continue to power tomorrow’s solutions.
180 Employees
TPS Serves All American Power Markets and Two Canadian Markets
12 Types of Generation Resources
28% TPS-Managed Capacity Is Renewable Generation
Middle River Power views Tenaska Power Services as a true partner in managing and growing our business. Their market knowledge, systems, support and integrity is world class and has been instrumental in our success.”Mark Kubow
CEO — Middle River Power
GenOn has been an EMA customer of Tenaska Power Services for over three years. Coming out of bankruptcy, we leaned on TPS heavily to execute all of our commercial activity from soup to nuts. We continue to enjoy success working with their teams and could not manage our assets effectively without their support. We look forward to the excellent service they provide on all of our assets in the years to come.”Eric Watts
Chief Commercial Officer — GenOn Energy
Tenaska Power Services, first and foremost, are the kind of people that we enjoy working with. Their understanding of our markets are unparalleled, but that is only one aspect of the value they bring. Their corporate culture, customer-centric focus and desire to align their success with ours is unique and what makes them such a valuable partner.”Dustin Guinn
President — Sammons Infrastructure
J-Power USA has had a long-term relationship with Tenaska Power Services, which now covers six power plants representing over 5,000 MW of generation. We have found the team at TPS to be extremely responsive, reliable and creative in providing power marketing services for us. Their knowledge in the various regional markets in which we operate helps to ensure that we are maximizing our energy and capacity revenues at all times.”Mark Condon
President — J-Power USA
Tenaska Power Services is the largest energy manager in the U.S. while keeping an individualized customer service. In times of market dislocation and/or disruptive weather events, working with Tenaska Power Services is the smart choice.”Benoit Allehaut
Managing Director — KKR Infrastructure
Tenaska Power Services has been a trusted partner of EWP Renewable Corporation since 2013. TPS acts as an extension of our in-house resources and provides sophisticated tools essential to our business operations. From gas scheduling and financial settlement to advanced market analysis, our relationship with TPS has enabled us to optimize our asset base in an evolving CAISO market.”Ed Kent
President & CEO — EWP Renewable Corp
When we spun Arroyo out of JPMorgan in 2015, we were in search of an organization that could provide our power portfolio with execution, risk management and market intelligence. After a review of the market providers, Tenaska Power Services was head-and-shoulders above the rest. The team that Kevin Smith and Curry Aldridge have assembled is first class and provides a tremendous, customer-focused service.”Chuck Jordan
Founding Partner — Arroyo Investors
Tenaska Power Services has continually met our expectations and exceeded them. In areas of discovering or preserving market value, optimizing resources, and helping to ensure our compliance with SPP protocols, they have always been thorough. More could be said about the skill and professionalism they bring to a range of services they provide us. We were most happy in 2021 to extend into the future a relationship commenced more than 11 years ago.”Mark Chesney
General Manager — Kansas Power Pool
I’ve had the pleasure of working with the Tenaska Power Services team for over seven years across multiple markets. They are constant professionals who always put the customer first. Most importantly, they are dedicated partners who share a genuine interest in, and commitment to, maximizing our performance and managing risk. We look forward to continuing our partnership with the TPS team in our mission to deploy clean energy across the U.S.”Fred Robinson
CEO — BayWa r.e. Solar Projects LLC/Americas
The Tenaska Power Services team routinely delivers a level of professionalism and market know-how that ranks best in class. RPA is proud to have worked closely with the TPS team on a wide range of assignments over the past five years — from large multi-asset turnarounds to daily market operations for new and existing facilities. We view TPS as a valuable partner to our power restructuring practice. We look forward to future opportunities to collaborate with TPS in what is clearly a dynamically changing energy marketplace.”Rich DiVito
EVP — RPA Advisors
The Tenaska Power Services team has been a reliable and knowledgeable energy management partner over the 14 years I’ve worked with them. They look at the customer relationship as a marathon rather than a sprint, which has allowed them to continue growing over the last 25 years.”Matthew Berend
Managing Partner — AB Power Advisors
I’ve been interacting with and doing business with Tenaska Power Services for over 20 years. I’ve always considered them to be a customer-focused organization, whose sage advice and expert knowledge intertwined with their creativity has provided products and services that my company has valued. More than anything, TPS’s greatest asset is its people. They are not only expertly trained but are tremendously good people. My experience with the team over the years has made my company and me better.”Greg Hall
EVP Energy Supply — American Electric Power
At Southern Power, we work with disciplined energy experts to innovate the industry and deliver on our promises. Tenaska Power Services is a valued energy management partner for Southern Power. TPS’s market knowledge, expertise and data management provide a crucial service to a number of assets in our portfolio. When volatile market events transpire, their team is diligent, helpful and great to work with. They build and foster strong customer relationships, and it shows in their level of service and support. Our partnership allows us to improve on services we provide to our customers and communities.”Misty Blizzard
Director of Commercial Optimization & Trading — Southern Power
Heartland has been a customer of TPS since December 2010. The industry expertise that TPS provides is second to none! TPS provides bid to bill market services and 24 hour desk support at a fraction of the cost it would take to self-provide the same services. Heartland is supremely confident in all of TPS’s knowledgeable staff. Their superior market services allows us to spend our time and resource on serving our customers. I highly recommend TPS as a full-service market services provider!Nate Jones
COO – Heartland Consumers Power District
In the eight years that Ares has worked with Tenaska Power Services (“TPS”) on both gas plants and renewable projects, we have considered TPS to be a premier energy management services company. We have been consistently impressed with the TPS team’s deep market experience – for short-term decisions as well as for longer-term planning/strategy – and their commitment to optimizing the dispatch and overall performance of our plants. TPS has been an excellent service provider, providing expert management advice and analysis that have been strong drivers of the success of our projects. We look forward to deepening our relationship on future projects and wish TPS many more years of continued success!Lucas Missong
Principal – Ares Infrastructure and Power Group (at Ares Management)
If you want to navigate the complex environment of trading energy, Tenaska is not just an institution but its team will be part of your corporate family. For over a decade, I personally have experienced the quality of individuals at Tenaska where ranks don’t matter but solving your problem, the client.Florian Zerhusen
CEO – BayWa r.e. Wind, LLC
In October 2016 MGM Resorts International took an extraordinary step to take control of our electricity needs for our Las Vegas properties including MGM Grand, Bellagio, Mandalay Bay, and Aria. We could not have done so without the expertise and guidance from the team at Tenaska Power Services. This step was driven in large part to increase our share of renewable electricity. Tenaska not only has served our needs for electricity procurement with exemplary service, it also was instrumental in the development of the MGM Resorts Mega Solar array with 100 megawatts of capacity dedicated exclusively for the use of the MGM properties in Las Vegas. We look forward to continuing our partnership.Henry Shields
Executive Director of Analytics
City Water and Light (CWL) is very fortunate to partner with Tenaska Power Services. They have a diverse team of talented individuals along with state-of-the-art analytical tools that help to hedge our risks and maximize our resources. Their genuine commitment to us as their customer has resulted in a sound relationship built on trust. In fact, TPS feels like an extension of the CWL family. During the Winter Storm Uri severe weather event of February 2021, our friends at TPS worked tirelessly to support our team. With their help, we were able to protect our customers from millions in excessive power costs. We are thankful for the partnership we have with TPS and look forward to our continued work together for many years to come.”Jake Rice
General Manager – City Water and Light, Jonesboro, AR
Our Locations
Dallas Headquarters
The Point At Las Colinas
300 E. John Carpenter Freeway,
Suite 1100
Irving, TX 75062-2389 USA
Philadelphia Office
3900 Skippack Pike
P.O. Box 1346
Skippack, PA 19474-1346