OASIS Energy Market Information Exchange (eMIX) TC

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FW: Pondering EMIX Product Descriptions

  • 1.  FW: Pondering EMIX Product Descriptions

    Posted 05-30-2011 19:20
    Redirecting onto the list From: Ed Cazalet [mailto:ed@cazalet.com] Sent: Monday, May 30, 2011 9:27 AM To: 'Toby Considine'; 'William Cox'; 'Anne Hendry' Subject: Pondering EMIX Product Descriptions   Toby, Ann – nice job updating wd24 – big improvements. http://www.oasis-open.org/committees/download.php/42353/emix-1-0-spec-wd24_5_wchanges.pdf   On reading the update (line numbers from link above) I am pondering the following:   Line 521:   The abstract Product Description Type is the basis for all static descriptions of EMIX products. Product Descriptions are static in that they refer to a particular instance in time.   Line 531: The Item Base is the basis for the lowest level description of each Product and its aspects.     Line 730: Items do not include quantity or price. The same Item definition may be used in every transactive state, and prices and quantities are not known for all.   Line 1403: Item Base: Abstract base class for units for EMIX Product delivery, measurement, and warrants. Item does not include Quantity or Price, because a single product description or transaction may have multiple quantities or prices associated with a single item.     My questions are:   What is special about price and quantity that they should not be in the Product Description ?  In fact some prices and quantities are included in Product Description   For example : strike price in EMIX Option Type (see diagram line 672)                           Power:unitEnergyPrice at line 833 and 838                           Full Requirements Power Price at line 848                           Resource Offer Segment at Line 1014 Table 10 – Price and Units (a quantity)   Line 758: Table 7: An EMIX ProductDescription describes the energy or services, the location and the price and quantity variables that can be set as a default in the Gluon and inherited by the Intervals in the Sequence. With the possibility of lineage of multiple gluons, product description in the interval, this is not required.   This says a Product Description includes the price and quantity, yet they are also separately called out in Table 7.  Why?     Just trying to understand, clarify and simplify, if possible.   Edward G. Cazalet, Ph.D. 101 First Street, Suite 552 Los Altos, CA 94022 650-949-5274 cell: 408-621-2772 ed@cazalet.com www.cazalet.com