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Subject: Groups - Transactional Energy Elements.pdf uploaded

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

View Document Details:

Download Document:  

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-OASIS Open Administration

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