Attribute |
Public completeDescription
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Details:
Alias: |
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Initial: |
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Stereotype: |
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Ordered: |
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Range: |
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Transient: |
False |
Derived: |
False |
IsID: |
False |
Notes:
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The implicit auction is characterized by the fact that the trade responsible party bought both energy and transmission capacity at the same time.<br/>Thus the distinction between the role of capacity trader and interconnection trade responsible is not necessary for this business process.<br/>The rules covering the auction mechanism determine the market energy price for the market balance area after applying technical constraints from the system operator.<br/>
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Public scope
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Details:
Alias: |
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Initial: |
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Stereotype: |
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Ordered: |
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Range: |
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Transient: |
False |
Derived: |
False |
IsID: |
False |
Notes:
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This part of IEC 62325 specifies a package for the transmission capacity allocation business<br/>process through explicit or implicit auctions and the associated document contextual models,<br/>assembly models and XML schema for use within European style markets.<br/>This International standard is based on the European style market contextual model<br/>(IEC 62325-351).<br/>The relevant aggregate core components (ACCs) defined in IEC 62325-351 have been<br/>contextualised into aggregated business information entities (ABIEs) to satisfy the<br/>requirements of these business processes.<br/>The contextualised ABIEs have been assembled into the relevant document contextual<br/>models.<br/>Related assembly models and XML schema for the exchange of transmission capacity<br/>allocation information between market participants are automatically generated from the<br/>assembled document contextual models.<br/>
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