423: Rewording needed to make clear that Transactive Energy is about both Market Based and Non-Market Based Energy Interactions

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    • Type: Sub-task
    • Resolution: Fixed
    • Priority: Major
    • wd25
    • Affects Version/s: wd24
    • Component/s: None
    • None
    • Environment:

      Ed Cazalet

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      Reworded from original proposal Replace section lines 423-426 with the following.

      Transactive Energy is a term used to describe the communication of prospective and completed transactions of energy whether market-based, bilateral or, contract-, agreement-, or tariff-based, and whether of energy or options on energy. The terminology used by Transactive Energy is most evident today in the buying and selling of wholesale energy in bilateral and exchange transactions. The use of Energy Interoperation to enable present transactive energy interoperation and future markets and dynamic agreements is addressed in the TEMIX Profile (and further described in [TEMIX]). This section reviews the roles and interactions of Parties involved in energy transactions.

      Show
      Reworded from original proposal Replace section lines 423-426 with the following. Transactive Energy is a term used to describe the communication of prospective and completed transactions of energy whether market-based, bilateral or, contract-, agreement-, or tariff-based, and whether of energy or options on energy. The terminology used by Transactive Energy is most evident today in the buying and selling of wholesale energy in bilateral and exchange transactions. The use of Energy Interoperation to enable present transactive energy interoperation and future markets and dynamic agreements is addressed in the TEMIX Profile (and further described in [TEMIX] ). This section reviews the roles and interactions of Parties involved in energy transactions.
    • Hide

      Reworded from original proposal Replace section lines 423-426 with the following.

      Transactive Energy is a term used to describe the communication of prospective and completed transactions of energy whether market-based, bilateral or, contract-, agreement-, or tariff-based, and whether of energy or options on energy. The terminology used by Transactive Energy is most evident today in the buying and selling of wholesale energy in bilateral and exchange transactions. The use of Energy Interoperation to enable present transactive energy interoperation and future markets and dynamic agreements is addressed in the TEMIX Profile (and further described in [TEMIX]). This section reviews the roles and interactions of Parties involved in energy transactions.

      Show
      Reworded from original proposal Replace section lines 423-426 with the following. Transactive Energy is a term used to describe the communication of prospective and completed transactions of energy whether market-based, bilateral or, contract-, agreement-, or tariff-based, and whether of energy or options on energy. The terminology used by Transactive Energy is most evident today in the buying and selling of wholesale energy in bilateral and exchange transactions. The use of Energy Interoperation to enable present transactive energy interoperation and future markets and dynamic agreements is addressed in the TEMIX Profile (and further described in [TEMIX] ). This section reviews the roles and interactions of Parties involved in energy transactions.

      423: states "Transactive energy is market-based energy transactions. It is used today for wholesale energy
      interoperations—buying and selling of energy, trading options, (and what else?)." Suggest reword below.

      Note also the "(and what else?)" that should be deleted. (WTC)

      Original proposal:

      423: Transactive Energy is a term used to communicate prospective and completed transactions of energy whether market-based, bilateral or, tariff-based. The terminology used by Transactive Energy is most evident today in the buying and selling of wholesale energy in bilateral and exchange transactions. The use of Energy Interoperation to enable present transactive energy interoperation and future markets and dynamic tariffs is described in [TEMIX]. This section reviews the generic roles and interactions of parties involved in energy transactions.

            Assignee:
            Toby Considine (Inactive)
            Reporter:
            Edward Cazalet (Inactive)
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              Created:
              Updated:
              Resolved: