$124
CEI EN 62325-451-4
2015
Framework for energy market communications Part 451-4: Settlement and reconciliation business process, contextual and assembly models for European market
- Format:
- Language(s) :
- Published :
- English
- 07/01/2015
Based on the European style market profile (IEC 62325-351), this
part of IEC 62325-451 specifies a package for the settlement and
reconciliation business process and the associated document
contextual model, assembly model and XML schema for use within
European style markets.
The relevant aggregate core components (ACCs) defined in IEC
62325-351 have been contextualised into aggregated business
information entities (ABIEs) to satisfy the requirements of this
business process. The contextualised ABIEs have been assembled into
the relevant document contextual models. Related assembly models
and XML schema for the exchange of information between market
participants are automatically generated from the assembled
document contextual models.
This International Standard provides a uniform layout for the
transmission of aggregated data in order to settle the electricity
market. It is however not the purpose of this International
Standard to define the formula to be taken into account to settle
or reconcile a market. The purpose of this standard is only to
enable the information exchange necessary to carry out the
computation of settlement and reconciliation.
The settlement process or reconciliation process is the way to
compute the final position of each market participant as well as
its imbalance amounts
| CEI EN 62325-451-4 | |
|---|---|
| STANDARD INFO: | |
| Standard Name | CEI EN 62325-451-4 |
| Scope | Framework for energy market communications Part 451-4: Settlement and reconciliation business process, contextual and assembly models for European market |
| Publisher | CEI - Comitato Elettrotecnico Italiano |
| Languages | English |
| State | [ Revised ] |
| Publication Year | 2015 |
| Most recent Version | MOST RECENT |
| Whether to be replaced | |
| Addendum | |
| FILE INFO: | |
| Edition | 15 |
| File Size | 1 file , 880 KB |
| Number of Pages | 64 |
| Published | 07/01/2015 |
| CEI EN 62325-451-4 | ||
|---|---|---|
| History | Publisher Year | |
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