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Exploring EMIX Charter for Energy Market Information Exchange

Get insights into EMIX Charter on price determination, market operations, and communication methods. Learn about market structures, new energy resources, and dynamic pricing adaptation for diverse nodes. Explore standards, profiles, and support for information exchanges.

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Exploring EMIX Charter for Energy Market Information Exchange

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Presentation Transcript

  1. A walk through the EMIX Charter OASIS EMIX TC October 22, 2009

  2. Energy Market Information Exchange • Price and Product definition for energy markets • Characteristics • quantity and units • generation source • carbon trading or tracing • power quality and reliability • availability (ramp time) • schedule

  3. EMIX does not define • How prices are determined • Market operations • Market structures

  4. Market [Software] Architecture Market Design and Description What Is Communicated - Price, Characteristics EMIX How It’s Communicated - Messages, Protocols Energy Interoperation

  5. EMIX anticipates new distributed energy resources • Teeter-totter of supplier and consumer • Energy sources placed near to end nodes of grid • Energy storage may make devices occasionally suppliers • Alternative energy is likely to increase volatility and reduce predictability

  6. Nodes must adapt automatically to market conditions • End Nodes • Commercial Buildings • Industrial facilities • Homes • Micro-grids • Electric transportation • … • Participants must automate interpretation of dynamic prices

  7. EMIX works with other developing standards • Energy Interoperation defines DR/DER signal semantics and protocols • IEC TC57 defines language of power management • FIX handles existing forward energy markets • WS-Calendar extends enterprise schedules to transacted services • Energy Interoperation TC builds on OpenADR and extends to DER

  8. National standards enable national markets for systems • Building automation systems • Energy storage management • Consumer investments in generation and storage • “Whole Foods markets” for energy A consistent model reduces costs of each implementation

  9. EMIX will be profiles for different markets • Light-weight profile for managed energy • Extensible profile for operation of buildings and micro-grids • High-speed profile for market trading and compound transactions

  10. EMIX will support standard information exchanges • eCommerce approaches and standards • Price information • Bid information • Time for use or availability • Units and quantity to be traded • Characteristics of what is to be traded • Deal/Bid/Acceptance confirmations

  11. Discussion www.oasis-open.org

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