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  1. OASIS Energy Market Information Exchange (eMIX) TC
  2. EMIX-118

Line 389: Reserves are options

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    Details

    • Type: Bug
    • Status: Closed
    • Priority: Major
    • Resolution: Fixed
    • Affects Version/s: wd14
    • Fix Version/s: wd15
    • Component/s: spec
    • Labels:
      None
    • Proposal:
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      Remove option analogy

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      Remove option analogy
    • Resolution:
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      Price can now be a price or it can be a multiplier times price from a market context. THis was true before, now it is more explicit

      Show
      Price can now be a price or it can be a multiplier times price from a market context. THis was true before, now it is more explicit

      Description

      Line 389: Reserves are options
      Ancillary Services are not the same as options. They do not secure a product at a certain price. They secure capacity for a price, any energy produced from that capacity is paid at RT prices independent of the A/S award price.

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            • Assignee:
              toby.considine Toby Considine (Inactive)
              Reporter:
              scrimmins Sean Crimmins (Inactive)
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              Dates

              • Created:
                Updated:
                Resolved: