Overview of Real Time Pricing (RTP) BasicsPresented By : Rakesh DasguptaContent at : http://wp.me/p1Ci5j-J http://wp.me/p1Ci5j-
Agenda1.Info on RTP Billing.2.Formulas.3.RTP Component.4.RTP Interface.5.Screenshots-Use of RTP Interface in Rate.6.Screenshots-Billing Document Analysis.7.Demo.8.Questions .
Info on RTP Billing Billing of Interval related data i.e. profiles Based on rate models that evaluate energy requirements over a period of time. Consumption is measured for each interval for eachrate period. The interval of measurement can be 5,10,15,30,60,day. Can be used to calculate Time of use pricing models and RTP models. Prices can be defined in advance or adjusted for spotpricing defined by the energy market.
Formulas Formulas define the calculations that take place whenan RTP interface is executed. Formula is allocated to anRTP interface. On choosing a formula, we need to definethe input parameters to be supplied to the RTP interfaceas well as the output parameters available. The formula is only carried out once. We can define our own formulas. Eg : MULTI01,LIMIT01
RTP Component They define the structure of parameter allocationsin the RTP interface linking input, output andresult parameters. One may require various RTP components becausewe usually need different periods (such as summer andwinter) for parameter allocations. One can allocate varioustime groups, such as season groups, day groups andtime-of-use groups within an RTP component. RTP Component must be generated before it can be used in an RTP interface.
RTP Interface I The RTP interface enables one to use the profilesmaintained in the IS-U-EDM in billing. To do this, we allocate the RTP interface to the rateused for billing an interval meter. In the RTP interface we can execute billing-relevantprocessing steps carried out based on profiles. Result parameters describe the results of RTP interfaceexecution. Result parameter values are defined viaresult functions. One can allocate result parameters to output parametersaccording to the structure defined for the RTP component
RTP Interface II When the RTP interface is executed, a profile is created forevery result parameter at runtime. This means that the profile values of an output parametercan be transferred to several result parameters. Conversely, a result parameter can be supplied by severaloutput parameters. The result function allocated to the result parameter isthen executed on the profile values transferred to theresult parameter. One can allocate different result parameters to one outputparameter in different RTP components. These profiles arethen used according to the priority defined for the RTPcomponent and its corresponding activation periods.