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Subject: [OASIS Issue Tracker] Issue Comment Edited: (ENERGYINTEROP-286)574: It is not clear how a strike price (in wholesale) is expressedwithout a sequence during Enrollment
[ http://tools.oasis-open.org/issues/browse/ENERGYINTEROP-286?page=com.atlassian.jira.plugin.system.issuetabpanels:comment-tabpanel&focusedCommentId=24597#action_24597 ]
William Cox edited comment on ENERGYINTEROP-286 at 2/16/11 12:11 AM:
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Perhaps not quite on point, but the wording on line 574 "calling the EMIX Option...defines a strike price" seems odd. Options would have the strike price defined when agreed, unless it's "at market" or "relative to market". The wording quoted suggests that the "strike price' is determined on call, which seems wrong.
The text in EMIX PR01 line287 is correct; it's the paraphrase here that's wrong.
was (Author: william.cox):
Perhaps not quite on point, but the wording on line 574 "calling the EMIX Option...defines a strike price" seems odd. Options would have the strike price defined when agreed, unless it's "at market" or "relative to market". The wording quoted suggests that the "strike price' is determined on call, which seems wrong.
> 574: It is not clear how a strike price (in wholesale) is expressed without a sequence during Enrollment
> ---------------------------------------------------------------------------------------------------------
>
> Key: ENERGYINTEROP-286
> URL: http://tools.oasis-open.org/issues/browse/ENERGYINTEROP-286
> Project: OASIS Energy Interoperation TC
> Issue Type: Bug
> Components: spec
> Affects Versions: csd01 - Public Review Draft
> Reporter: Edgardo Luzcando
> Assignee: Edward Cazalet
>
> "While the notion of a strike price can be associated with a sequence during an event (e.g. to compare it against an LMP), by itself the strike price needs to be communicated in an Interaction (see Wholesale model and XML Schemas) during Enrollment that is not related to a sequence, nor related to a schedule or offer.
> This seems to be a missleading aspect of the Information Model that EMIX proposes where it seems that to represent something like a strike price, EMIX constructs (which have a sequence) require the presence of a sequence. It appears that EMIX and EI are focusing monstly on events, but there are other Interactions that have different information needs. "
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