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Subject: [OASIS Issue Tracker] Updated: (ENERGYINTEROP-439) Section 3 MinorEdits



     [ http://tools.oasis-open.org/issues/browse/ENERGYINTEROP-439?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel ]

William Cox updated ENERGYINTEROP-439:
--------------------------------------

        Parent: ENERGYINTEROP-466
    Issue Type: Sub-task  (was: Improvement)

> Section 3 Minor Edits
> ---------------------
>
>                 Key: ENERGYINTEROP-439
>                 URL: http://tools.oasis-open.org/issues/browse/ENERGYINTEROP-439
>             Project: OASIS Energy Interoperation TC
>          Issue Type: Sub-task
>         Environment: Ed Cazalet
>            Reporter: Edward Cazalet 
>            Assignee: William Cox
>
> Change paragraph begining on 323 to read
> Transactive energy describes the established process of parties buying and selling energy based on tenders (buy or sell offers) that may lead to transactions among parties.  In open wholesale forward energy markets, a generator may tender a quantity of energy at a price over a future delivery interval of time to a customer.  Acceptance of a tender results in a binding transaction.  In some cases the transaction requires physical delivery of energy.  In other cases the transaction is settled for cash at a price determined by a prescribed price index.  The use of Energy Interoperation to enable present and future wholesale and retail energy markets and retail tariffs, including dynamic and multi-part tariffs is described in [TEMIX].  This section reviews the generic roles and interactions of parties involved in energy transactions.

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