Draft of a representative Regulation Service

Possible product description of a Regulation Service.

I had hoped to get feedback from IRC members before sharing, but the call seems to demand it now.

I think the Option is missing an availability, i.e., the period in  which the service is contracted for. That, however, is one of the things I wanted feedback on.

The other ? is whether a Regulation Service should be described in terms of Energy or of Power.

I have not digested Donna’s detailed answer I received a few minutes ago.

tc

“The single biggest problem in communication is the illusion that it has taken place.”  – George Bernard Shaw.
Toby Considine TC9, Inc
TC Chair: oBIX & WS-Calendar
TC Editor: EMIX, EnergyInterop
U.S. National Inst. of Standards and Tech. Smart Grid Architecture Committee
Email:

Phone: (919)619-2104
http://www.tcnine.com/ blog: www.NewDaedalus.com


<?xml version="1.0" encoding="utf-8"?> <emix:emixOption xmlns:xcal="urn:ietf:params:xml:ns:icalendar-2.0" xmlns:scale=" http://docs.oasis-open.org/ns/emix/2011/06/siscale" ; xmlns:xs=" http://www.w3.org/2001/XMLSchema-instance" ; xmlns:power=" http://docs.oasis-open.org/ns/emix/2011/06/power" ; xmlns:res=" http://docs.oasis-open.org/ns/emix/2011/06/power/resource" ; xmlns:emix=" http://docs.oasis-open.org/ns/emix/2011/06" ;> 	<xcal:properties> 		<xcal:x-wsCalendar-attach> 			<res:regulationService> 				<res:mrid>123MRID456</res:mrid> 				<power:pnode> 					<power:node>pnode4321</power:node> 				</power:pnode> 				<emix:terms> 					<res:minimumLoad> 						<power:powerQuantity> 							<emix:quantity>1</emix:quantity> 							<power:powerReal> 								<power:itemDescription>RealPower</power:itemDescription> 								<power:itemUnits>W</power:itemUnits> 								<scale:siScaleCode>m</scale:siScaleCode> 								<power:powerAttributes> 									<power:hertz>60</power:hertz> 									<power:voltage>220</power:voltage> 									<power:ac>true</power:ac> 								</power:powerAttributes> 							</power:powerReal> 						</power:powerQuantity> 					</res:minimumLoad> 					<res:maximumPower> 						<power:powerQuantity> 							<emix:quantity>5</emix:quantity> 							<power:powerReal> 								<power:itemDescription>RealPower</power:itemDescription> 								<power:itemUnits>W</power:itemUnits> 								<scale:siScaleCode>m</scale:siScaleCode> 								<power:powerAttributes> 									<power:hertz>60</power:hertz> 									<power:voltage>220</power:voltage> 									<power:ac>true</power:ac> 								</power:powerAttributes> 							</power:powerReal> 						</power:powerQuantity> 					</res:maximumPower> 					<emix:maximumResponseDuration> 						<xcal:duration> 							<xcal:duration>PT4S</xcal:duration> 						</xcal:duration> 					</emix:maximumResponseDuration> 				</emix:terms> 				<res:productTypeRegulation>regulationUp-Dn</res:productTypeRegulation> 				<res:targetRegulation> 					<power:hertz>60</power:hertz> 					<power:voltage>0</power:voltage> 					<power:ac>true</power:ac> 				</res:targetRegulation> 				<res:dispatchUp> 					<xcal:duration>PT10M</xcal:duration> 				</res:dispatchUp> 				<res:dispatchDown> 					<xcal:duration>PT5M</xcal:duration> 				</res:dispatchDown> 				<emix:autonomous>false</emix:autonomous> 			</res:regulationService> 		</xcal:x-wsCalendar-attach> 	</xcal:properties> 	<xcal:components/> 	<emix:uid>27f5a71b-04e7-432c-96ee-e02620fb9c68</emix:uid> 	<emix:transactiveState>transaction</emix:transactiveState> 	<emix:integralOnly>false</emix:integralOnly> 	<emix:optionHolderSide>buy</emix:optionHolderSide> 	<emix:optionPremium xs:type="emix:PriceType"> 		<emix:value>1100</emix:value> 	</emix:optionPremium> 	<emix:optionStrikePrice xs:type="emix:PriceType"> 		<emix:value>4</emix:value> 	</emix:optionStrikePrice> 	<emix:optionType>regulationService</emix:optionType> 	<emix:side>buy</emix:side> 	<emix:marketContext>someIso.com/regulationservices</emix:marketContext> 	<emix:currency>USD</emix:currency> 	<emix:terms/> </emix:emixOption>