BS EN 62325-451-4:2017
Current
The latest, up-to-date edition.
Framework for energy market communications Settlement and reconciliation business process, contextual and assembly models for European market
Hardcopy , PDF
English
20-07-2017
Important note : Users cannot be edited or removed once added to your Multi user PDF.| Committee |
PEL/57
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| DevelopmentNote |
Supersedes 14/30293358 DC. (04/2015)
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| DocumentType |
Standard
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| Pages |
66
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| PublisherName |
British Standards Institution
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| Status |
Current
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| Supersedes |
Based on the European style market profile (ESMP) (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 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.
| Standards | Relationship |
| IEC 62325-451-4:2017 | Identical |
| EN 62325-451-4:2017 | Identical |
| EN 62325-301:2014 | Framework for energy market communications - Part 301: Common information model (CIM) extensions for markets |
| IEC 62325-450:2013 | Framework for energy market communications - Part 450: Profile and context modelling rules |
| IEC 61970-301:2016 | Energy management system application program interface (EMS-API) - Part 301: Common information model (CIM) base |
| EN 62361-100:2016 | Power systems management and associated information exchange - Interoperability in the long term - Part 100: CIM profiles to XML schema mapping |
| ISO/TS 15000-5:2005 | Electronic Business Extensible Markup Language (ebXML) Part 5: ebXML Core Components Technical Specification, Version 2.01(ebCCTS) |
| IEC TS 61970-2:2004 | Energy management system application program interface (EMS-API) - Part 2: Glossary |
| EN 62325-451-2:2014/AC:2016-08 | FRAMEWORK FOR ENERGY MARKET COMMUNICATIONS - PART 451-2: SCHEDULING BUSINESS PROCESS AND CONTEXTUAL MODEL FOR CIM EUROPEAN MARKET (IEC 62325-451-2:2014/COR1:2016) |
| EN 62325-351:2016 | Framework for energy market communications - Part 351: CIM European market model exchange profile |
| EN 62325-451-1:2017 | Framework for energy market communications - Part 451-1: Acknowledgement business process and contextual model for CIM European market |
| IEC 62325-351:2016 | Framework for energy market communications - Part 351: CIM European market model exchange profile |
| IEC 62361-100:2016 | Power systems management and associated information exchange - Interoperability in the long term - Part 100: CIM profiles to XML schema mapping |
| EN 62325-450 : 2013 | FRAMEWORK FOR ENERGY MARKET COMMUNICATIONS - PART 450: PROFILE AND CONTEXT MODELLING RULES (IEC 62325-450:2013) |
| IEC 61968-11:2013 | Application integration at electric utilities - System interfaces for distribution management - Part 11: Common information model (CIM) extensions for distribution |
| IEC 62325-451-1:2017 | Framework for energy market communications - Part 451-1: Acknowledgement business process and contextual model for CIM European market |
| IEC 62325-451-2:2014 | Framework for energy market communications - Part 451-2: Scheduling business process and contextual model for CIM European market |
| CLC/TS 61970-2:2005 | Energy management system application program interface (EMS-API) - Part 2: Glossary |
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