Interchange Transaction Scheduling Management is a two-fold sub-system. It has been designed as two separate and fully
functional units specific to the needs of the Generation and Transmission organizations of a Utility Company.
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For the Generation group, it records transaction data that results from market activity
related to the buying and selling of energy. When used in conjunction with the Trading/Deal Capture and Management
sub-system, market transaction-related data is fed directly into the scheduling system for additional processing,
and produces schedule transactions from trades that go physical. |
The Transmission groups version of this system records and stores Interchange Schedules on a one-to-one basis with
NERC tags. This provides for quick-checkout with the NERC Scheduling system. The Interchange data stored for the
Transmission company is broken out into the number of MWHs per OASIS Reservation used on a given Tag. This allows for
efficient checkout with the OASIS Reservation system. One component of the Transmission portion of this sub-system is an
interface to a Regional Transmission Organization scheduling system. It accepts schedules (representative of a NERC Tag)
from the RTO and converts them into WattageWorks™ Schedules.
Interchange Transaction Scheduling provides a number of features, reports and query capabilities for effective management.
- Supports OASIS Reservations and NERC Tag Worksheets to determine optimum paths for
transmission
- Supports tracking of OASIS Reservations for Transmission Paths
- Supports Counter-Party Checkout
- Supports control area Interface Checkout
- Supports Schedule Generation & Modifications
- Supports NERC Tag to Schedule Relationship
- Supports the automated generation of Transmission Schedules
