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Type: Improvement
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Status: Closed
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Priority: Major
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Resolution: Fixed
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Affects Version/s: wd17
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Fix Version/s: wd29
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Component/s: None
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Labels:None
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Proposal:
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Resolution:
The following is the description of the envelope metaphor in our document.
As a conceptual aid, we discuss the information structure using the metaphor of an envelope containing warrants. The intrinsic properties and the price are on the face of the envelope, easy to read by all. The contents of the envelope are the supporting information and various warrants about the extrinsic qualities.
On the face of the envelope, EMIX lists the intrinsic qualities of the energy product. In the simplest model, the intrinsic qualities are limited to the price and the information a meter can provide. In a market of homogenous energy sources and commodity energy, only the intrinsic qualities are actionable. In postal handling, information on the face is meant for high-speed automated processing. The simplest devices, including the proverbial smart toaster , may understand only the intrinsic qualities. The Committee anticipates that the information on the face of the envelope will be sufficient for many if not most energy decisions.
This description implies that at price would be on the face of the envelope. However price which is expressed as a sequence of Gluons and Intervals.
Figure 3-1 which specifies the Intrinsic Elements that are the "Face of the Envelope" has no way to display price, for example. Previously extended price was on the "face", but we have voted to remove it as it was not a correct representation of price in many cases.