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  1. OASIS Energy Interoperation TC
  2. ENERGYINTEROP-680

Instrument is Unnecessary

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    • Proposal:
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      Have expanded discussion of Resource/Product/Instrument to indicate that they are conceptual aids to understanding specification as a series of refinements to wants. The informational elements of "What are you trading [Power], at what scale [MW] and over what duration [1 hour] beginning at what time are still expressed as separate information elements as they were in the TEMIX profile.

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      Have expanded discussion of Resource/Product/Instrument to indicate that they are conceptual aids to understanding specification as a series of refinements to wants. The informational elements of "What are you trading [Power] , at what scale [MW] and over what duration [1 hour] beginning at what time are still expressed as separate information elements as they were in the TEMIX profile.
    • Resolution:
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      Expanded discussion of Resource/Product/Instrument to indicate that they are conceptual aids to understanding the specification as a series of refinements to wants. The informational elements of "What are you trading [Power], at what scale [MW] and over what duration [1 hour] beginning at what time are still expressed as separate information elements as they were in the TEMIX profile. (Sections rewritten)

      The use of Instruments is standard in financial markets in contrast to a full and possibly complex product description.

      Show
      Expanded discussion of Resource/Product/Instrument to indicate that they are conceptual aids to understanding the specification as a series of refinements to wants. The informational elements of "What are you trading [Power] , at what scale [MW] and over what duration [1 hour] beginning at what time are still expressed as separate information elements as they were in the TEMIX profile. (Sections rewritten) The use of Instruments is standard in financial markets in contrast to a full and possibly complex product description.

      Description

      5. The addition of Instrument as a Product for a Duration in the Proposal is unnecessary, and any market engine that requires Instruments can apply the instrument concept in its interface with TEMIX.

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            • Assignee:
              WilliamCox William Cox
              Reporter:
              toby.considine Toby Considine (Inactive)
            • Watchers:
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              • Created:
                Updated:
                Resolved: