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  1. OASIS Energy Market Information Exchange (eMIX) TC
  2. EMIX-346 Collector for Spelling, Grammatical, and Text Issues wd22 20110404
  3. EMIX-375

Section 14 Spelling, Grammatical, Textural

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    • Type: Sub-task
    • Status: Closed
    • Priority: Major
    • Resolution: Fixed
    • Affects Version/s: wd22
    • Fix Version/s: wd23
    • Component/s: spec
    • Labels:
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    • Environment:

      William Cox

    • Resolution:
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      Replace three paragraphs with:

      Warrants are specific assertions about the extrinsic characteristics of EMIX Products that may affect market pricing. Warrants are in effect Product artifacts as defined in EMIX. Warrants are extensions of the Product Descriptions type that are applied the Intervals in a Schedule. There may be zero Intervals in a Product if the unchanged product description applies to all.

      The Intervals in a warrant may differ from those of the Product on the outside of the envelope.
      Some warrants may be applicable only in certain jurisdictions. For example, in today's energy markets (2011) energy warranted as renewable in the Pacific Northwest can include hydropower. Energy markets in California exclude hydropower from their definition of renewable power. Credits or mandates for renewable energy in California are not met by Products warranted as renewable in the Northwest.

      Some warrants may be separable from the underlying energy. For example, a warrant that energy is generated by a source that is certified as "green" by an authority, may be issued a "green certificate". In some markets, such a certificate can be traded separately. The detailed specification of warrants is not part of version 1.0 of this specification.

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      Replace three paragraphs with: Warrants are specific assertions about the extrinsic characteristics of EMIX Products that may affect market pricing. Warrants are in effect Product artifacts as defined in EMIX. Warrants are extensions of the Product Descriptions type that are applied the Intervals in a Schedule. There may be zero Intervals in a Product if the unchanged product description applies to all. The Intervals in a warrant may differ from those of the Product on the outside of the envelope. Some warrants may be applicable only in certain jurisdictions. For example, in today's energy markets (2011) energy warranted as renewable in the Pacific Northwest can include hydropower. Energy markets in California exclude hydropower from their definition of renewable power. Credits or mandates for renewable energy in California are not met by Products warranted as renewable in the Northwest. Some warrants may be separable from the underlying energy. For example, a warrant that energy is generated by a source that is certified as "green" by an authority, may be issued a "green certificate". In some markets, such a certificate can be traded separately. The detailed specification of warrants is not part of version 1.0 of this specification.

      Description

      Section 14:

      Line 740 - are warrants only for "power" Surely they address "energy" as well. Reword sentence.

      Paragraph starting 740: This implies that there may be multiple schedules, one for warrants, one for other things. Is that intended? (I think it's true, but "Warrants start as Product Descriptions..." seems a bit informal. "Warrants are an extension of Product Descriptions..." is better.

      Line 745: "Warrants MAY be applicable only in certain jurisdictions." ...

      Line 746 - change year to 2011.

      Lines 746-747 - capitalization on Hydro Power/Hydro power is not consistent. Make both words lower case. Change "markers" to "markets"

      Lines 750-751 Second sentence is repetitive. Reword: "For example, consider a product where its source of energy has an Environmental Warrant indicating that a particular authority certifies it as renewable. That certificate can be separately traded, so the Warrant should specify if the certificate is (1) accompanying the energy, ..."

      Is that the case? We don't define warrants other than an extendable type. This is going into the "should/could" realm and straying from what's in the specification.

      Perhaps better to replace the discussions starting with (altered) "That certificate..." with "The detailed specification of warrants is not part of version 1.0 of this specification."

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            • Assignee:
              Toby.Considine Toby Considine
              Reporter:
              william.cox William Cox (Inactive)
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