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Subject: [OASIS Issue Tracker] (ENERGYINTEROP-683) Resource is unneeded


     [ https://issues.oasis-open.org/browse/ENERGYINTEROP-683?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel ]

Toby Considine updated ENERGYINTEROP-683:
-----------------------------------------
    Proposal: 
Have expanded discussion of Resource/Product/Instrument to indicate that they are conceptual aids to understanding specification as a series of refinements to wants. The informational elements of "What are you trading [Power], at what scale [MW] and over what duration [1 hour] beginning at what time are still expressed as separate information elements as they were in the TEMIX profile. 

From Table 2-1

Resource	A measurable commodity, substance, service, or force, whose value is determined by time of delivery
Product	A Resource defined by size/granularity of the Resource and by the granularity of time. A market is defined by its product. Example 1: electric power in 10 kW units delivered over an hour of time. Example 2: electric energy in 1 kWh units delivered over a half hour.
Instrument	A Product instantiated by a particular begin time. Example: the Product  beginning at 9:00 AM on April 3. An Instrument is Tendered to a Market with specific quantity and price. 


> Resource is unneeded
> --------------------
>
>                 Key: ENERGYINTEROP-683
>                 URL: https://issues.oasis-open.org/browse/ENERGYINTEROP-683
>             Project: OASIS Energy Interoperation TC
>          Issue Type: Bug
>          Components: cts
>    Affects Versions: CTSPR01
>         Environment: Edward G. Cazalet, TEMIX https://lists.oasis-open.org/archives/energyinterop-comment/202111/msg00001/Cazalet_Comments_on_CTS.pdf
>            Reporter: Toby Considine
>            Assignee: William Cox
>            Priority: Major
>              Labels: CLARITY, RES-PROD-INSTR
>
> 7. The Proposalâs definition of a Resource is inconsistent with the definition of a Resource in EMIX and is notÂused in TEMIX.



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