Framework for energy market communications - Part 451-4: Settlement and reconciliation business process, contextual and assembly models for European market
This part of IEC 62325 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 document to define the formula to be taken into account to settle or reconcile a market. The purpose of this document 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.
This new edition includes the following significant technical changes with respect to the previous edition:
- removal of the attributes “quantity” and “secondary quantity” of the class “Point”;
- introduction of the classes “Quantity” and "Reason" from IEC 62351-351 UML package.
|Publication type||International Standard|
|Available language(s)||English, English/French|
|TC/SC||TC 57 - Power systems management and associated information exchangerss|
|ICS||33.200 - Telecontrol. Telemetering|
|File size||2466 KB|
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