: Public <<Narrative>> Narrative
Created: 07/08/2018 14:18:05
Modified: 15/05/2020 16:15:56
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  completeDescription
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Notes: The use case “Participate in Explicit auctions” implies the following steps:<br/><br/>     The first step covers the bidding and allocation activity itself. A sub use case of the<br/>bidding and allocation activity may be the eventual secondary trade and<br/>negotiation of allocated capacity between Capacity Traders or Capacity Traders<br/>and Interconnection Trade Responsible parties. The principle actors are the<br/>Capacity Trader and the Transmission Capacity Allocator.<br/>? The second step concerns Nomination, the activity of declaring the long term, daily<br/>and intraday capacity to be used. This involves the Interconnection Trade<br/>Responsible, the Nomination Validator and the System Operator. The Nomination<br/>Validator ensures that all nominations presented are coherent.<br/>? The third and final step concerns the validation and final confirmation of all<br/>nominations. This step includes cross border matching. The principle actors are<br/>the Nomination Validator and the System Operators.<br/>
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Notes: This part of IEC 62325 specifies a package for the transmission capacity allocation business process through explicit or implicit auctions and the associated document contextual models, assembly models and XML schema for use within European style markets.<br/>This International standard is based on the European style market contextual model (IEC 62325-351). The relevant aggregate core components (ACCs) defined in IEC 62325-351 have been 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 models.<br/>Related assembly models and XML schema for the exchange of transmission capacity allocation information between market participants are automatically generated from the assembled document contextual models.<br/>
Object Type Connection Direction Notes
«BUC» Explicit auctions BusinessUseCase Dependency From