30-day Committee Specification Draft Review Request for EMIX v1.0

The following request has been submitted to the OASIS TC Administrator on 15/11/2010:



                          
                                                    
                                                        Submitter's Name
                                                    
                                               
                                               
                                                     
                                                    
                                                        Toby Considine
                                                    
                                               
                                                    
                                                        TC Name
                                                    
                                               
                                               
                                                     
                                                    
                                                        EMIX
                                                    
                                               
                                                    
                                                        TC Email Address
                                                    
                                               
                                               
                                                     
                                                    
                                                        
                                                    
                                               
                                                    
                                                        Work Product Title
                                                    
                                               
                                               
                                                     
                                                    
                                                        EMIX v1.0
                                                    
                                               
                                                    
                                                        Committee Specification Draft ##
                                                    
                                               
                                               
                                                     
                                                    
                                                        WD15
                                                    
                                               
                                                    
                                                        CSD URI
                                                    
                                               
                                               
                                                     
                                                    
                                                        http://www.oasis-open.org/apps/org/workgroup/emix/download.php/40256/emix-1-0-spec-cd-01-htm.zip
                                                    
                                               
                                                    
                                                        Additional Resources
                                                    
                                               
                                               
                                                     
                                                    
                                                        http://www.oasis-open.org/apps/org/workgroup/emix/download.php/40256/emix-1-0-spec-cd-01-htm.zip
                                                    
                                               
                                                    
                                                        Approval Link
                                                    
                                               
                                               
                                                     
                                                    
                                                        http://www.oasis-open.org/apps/org/workgroup/emix/download.php/40243/EMIX_20101111_Minutes.pdf
                                                    
                                               
                                                    
                                                        Abstract
                                                    
                                               
                                               
                                                     
                                                    
                                                        Energy markets have been characterized by tariffs and embedded knowledge that make decision automation difficult. Smart grids introduce rapidly changing products and product availability, with associated dynamic prices. Lack of standardized of messages conveying market information has been a barrier to development and deployment of technology to respond to changing market circumstances.

Price and product definition are actionable information. When presented with standard messages conveying price and product, automated systems can make decisions to optimize energy and economic results. In regulated electricity markets, price and products often are defined by complex tariffs, derived through political processes. These tariffs convey the price and product information to making buying and selling decisions easier. The same information can be derived from market operations in non-tariffed markets. EMIX defines the information for use in messages that convey this actionable information.

An essential distinction between energy and other markets is that price is strongly influenced by time of delivery. Energy for sale at 2:00 AM, when energy use is low, is not the same product as energy for sale at the same location at 2:00 PM, during the working day. EMIX conveys time and interval by incorporating WS-Calendar into tenders, contracts, and performance calls.

Not all market information is available in real time. Present day markets, particularly wholesale markets, may have deferred charges (e.g. balancing charges) that cannot be determined at point of sale. Other markets may require additional purchases to allow the use of the energy purchased (e.g. same-time transmission rights or pipeline fees when accepting delivery on a forward contract). EMIX is useful for representing available price and product information/


                                                    
                                               
                                                    
                                                        TC Description
                                                    
                                               
                                               
                                                     
                                                    
                                                        This work was prepared in response the the NIST SMart Grid Roadmap and the Smart Grid Interoperability Panel (SGIP) Prioirity Action Plan 03 (PAP03). It is based upon WS-Calendar for the common communication of time and schedule (PAP04) and is used extensively in Energy Interoperation (PAP09).
                                                    
                                               
                                                    
                                                        Notification List
                                                    
                                               
                                               
                                                     
                                                    
                                                        




                                                    
                                               


Thank you for your request. We will schedule the review shortly. You can follow the progress at:

http://tools.oasis-open.org/issues/browse/TCADMIN


The Standards Development team.