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Subject: [OASIS Issue Tracker] (ENERGYINTEROP-672) Support for Consensus Markets
[ https://issues.oasis-open.org/browse/ENERGYINTEROP-672?page=com.atlassian.jira.plugin.system.issuetabpanels:comment-tabpanel&focusedCommentId=81028#comment-81028 ]
David Holmberg commented on ENERGYINTEROP-672:
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consensus markets (per PNNL recent paper) communicates clearing price and quantity for each Party. It's essentially a quote. "here is what I found for the price that clears the market based on what I heard everyone say for the amount of power they want and how much they are willing to pay", and then everyone iterates and comes up with a new clearing price. In the consensus approach, every Party implements a Market agent.Â
> Support for Consensus Markets
> -----------------------------
>
> Key: ENERGYINTEROP-672
> URL: https://issues.oasis-open.org/browse/ENERGYINTEROP-672
> Project: OASIS Energy Interoperation TC
> Issue Type: Bug
> Components: cts
> Affects Versions: CTSPR01
> Environment: Trevor Hardy, PNNL https://lists.oasis-open.org/archives/energyinterop-comment/202111/msg00000.html
> Reporter: Toby Considine
> Assignee: William Cox
> Priority: Major
> Labels: MARKET
> Fix For: ctsWD15
>
>
> page 15 Table 2-1
> What about distributed or consensus mechanisms that do not necessarily communicate instruments among market participants? It seems like these mechanisms would not be supported by CTS, true?
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