BS EN 62325-451-4:2015
Withdrawn
A Withdrawn Standard is one, which is removed from sale, and its unique number can no longer be used. The Standard can be withdrawn and not replaced, or it can be withdrawn and replaced by a Standard with a different number.
View Superseded by
Framework for energy market communications Settlement and reconciliation business process, contextual and assembly models for European market
Hardcopy , PDF
English
30-04-2015
20-07-2017
| Committee |
PEL/57
|
| DocumentType |
Standard
|
| Pages |
62
|
| PublisherName |
British Standards Institution
|
| Status |
Withdrawn
|
| SupersededBy |
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.
| Standards | Relationship |
| IEC 62325-451-4:2014 | Identical |
| EN 62325-451-4:2015 | Identical |
| I.S. EN 62325-451-4:2015 | Equivalent |
| EN 62325-451-4:2015 | Equivalent |
| DIN EN 62325-451-4:2015-09 | Equivalent |
Access your standards online with a subscription
-
Simple online access to standards, technical information and regulations.
-
Critical updates of standards and customisable alerts and notifications.
-
Multi-user online standards collection: secure, flexible and cost effective.
Important note : Users cannot be edited or removed once added to your Multi user PDF.