OASIS Energy Market Information Exchange (eMIX) TC

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Groups - Transactional Energy Elements.pdf uploaded

  • 1.  Groups - Transactional Energy Elements.pdf uploaded

    Posted 03-24-2010 23:03
    The document named Transactional Energy Elements.pdf has been submitted by
    Dr. Edward Cazalet to the OASIS Energy Market Information Exchange (eMIX)
    TC document repository.
    
    Document Description:
    This document was recently submitted to Energy Interop to support
    transactional energy. Transactional energy uses simple price/quantity
    offers and transactions among the parties to achieve coordinated economic
    operation of the grid.
    
    I am also submitting this document to EMIX as an example (use case) for our
    EMIX Information Model.
    
    I have used the current EMIX Information Model as much as possible, but
    made some modifications I found necessary or useful.  We may want to take
    some of these into the EMIX Information model.
    
    The transactional information model in this paper provides a basic
    information model for retail dynamic pricing, and wholesale trading. 
    Energy transactions at any level of interval detail ( years, months, days,
    hours, minutes or seconds ) can be supported.  Call and put options are
    supported both as hedging options for retail and wholesale transactions as
    well as for ancillary service and capacity products.  I think the elements
    could also be part of transactions with Independent System Operator
    markets.
    
    
    View Document Details:
    http://www.oasis-open.org/committees/document.php?document_id=37051
    
    Download Document:  
    http://www.oasis-open.org/committees/download.php/37051/Transactional%20Energy%20Elements.pdf
    
    
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