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  1. OASIS Energy Interoperation TC
  2. ENERGYINTEROP-672

Support for Consensus Markets

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    • Resolution:
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      Fixed.

      Support for demand and supply curves is described in WD17 Section 8.4 (Market Characteristics) and 9.4 (Tender Facet).

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      Fixed. Support for demand and supply curves is described in WD17 Section 8.4 (Market Characteristics) and 9.4 (Tender Facet).

      Description

      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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          toby.considine Toby Considine (Inactive) created issue -
          toby.considine Toby Considine (Inactive) made changes -
          Field Original Value New Value
          Component/s cts [ 14726 ]
          Affects Version/s CTSPR01 [ 17662 ]
          WilliamCox William Cox made changes -
          Labels MARKET
          toby.considine Toby Considine (Inactive) made changes -
          Status New [ 10000 ] Open [ 1 ]
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          WilliamCox William Cox added a comment -

          Please clarify whether the changes in WD15 meet your needs.

          The text of WD15 enables communication of supply and demand curves plus market clearing properties in WD15.

          See Market Facet CLEAR and ALL_AT_CLEAR

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          WilliamCox William Cox added a comment - Please clarify whether the changes in WD15 meet your needs. The text of WD15 enables communication of supply and demand curves plus market clearing properties in WD15. See Market Facet CLEAR and ALL_AT_CLEAR
          WilliamCox William Cox made changes -
          Fix Version/s ctsWD15 [ 17670 ]
          Resolution Fixed [ 1 ]
          Status Open [ 1 ] Resolved [ 5 ]
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          david.holmberg David Holmberg (Inactive) added a comment -

          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. 

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          david.holmberg David Holmberg (Inactive) added a comment - 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. 
          WilliamCox William Cox made changes -
          Proposal Fixed.

          Support for demand and supply curves is described in WD17 Section 8.4 (Market Characteristics) and 9.4 (Tender Facet).
          WilliamCox William Cox made changes -
          Proposal Fixed.

          Support for demand and supply curves is described in WD17 Section 8.4 (Market Characteristics) and 9.4 (Tender Facet).
          Resolution Fixed.

          Support for demand and supply curves is described in WD17 Section 8.4 (Market Characteristics) and 9.4 (Tender Facet).
          Hide
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          WilliamCox William Cox added a comment -

          Transition all RESOLVED to APPLIED excepting ENERGYINTEROP-706 per Energy Interoperation TC Motion April 28, 2022.

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          WilliamCox William Cox added a comment - Transition all RESOLVED to APPLIED excepting ENERGYINTEROP-706 per Energy Interoperation TC Motion April 28, 2022.
          WilliamCox William Cox made changes -
          Status Resolved [ 5 ] Applied [ 10002 ]
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          WilliamCox William Cox added a comment -

          Transition all APPLIED to CLOSED per Energy Interoperation TC Motion April 28, 2022.

          Show
          WilliamCox William Cox added a comment - Transition all APPLIED to CLOSED per Energy Interoperation TC Motion April 28, 2022.
          WilliamCox William Cox made changes -
          Status Applied [ 10002 ] Closed [ 6 ]

            People

            • Assignee:
              WilliamCox William Cox
              Reporter:
              toby.considine Toby Considine (Inactive)
            • Watchers:
              3 Start watching this issue

              Dates

              • Created:
                Updated:
                Resolved: