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Subject: [OASIS Issue Tracker] (ENERGYINTEROP-672) Support for Consensus Markets


    [ https://issues.oasis-open.org/browse/ENERGYINTEROP-672?page=com.atlassian.jira.plugin.system.issuetabpanels:comment-tabpanel&focusedCommentId=81028#comment-81028 ] 

David Holmberg commented on ENERGYINTEROP-672:
----------------------------------------------

consensus markets (per PNNL recent paper) communicates clearing price and quantity for each Party. It's essentially a quote. "here is what I found for the price that clears the market based on what I heard everyone say for the amount of power they want and how much they are willing to pay", and then everyone iterates and comes up with a new clearing price. In the consensus approach, every Party implements a Market agent.Â

> Support for Consensus Markets
> -----------------------------
>
>                 Key: ENERGYINTEROP-672
>                 URL: https://issues.oasis-open.org/browse/ENERGYINTEROP-672
>             Project: OASIS Energy Interoperation TC
>          Issue Type: Bug
>          Components: cts
>    Affects Versions: CTSPR01
>         Environment: Trevor Hardy, PNNL https://lists.oasis-open.org/archives/energyinterop-comment/202111/msg00000.html
>            Reporter: Toby Considine
>            Assignee: William Cox
>            Priority: Major
>              Labels: MARKET
>             Fix For: ctsWD15
>
>
> page 15 Table 2-1
> What about distributed or consensus mechanisms that do not necessarily communicate instruments among market participants? It seems like these mechanisms would not be supported by CTS, true?



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