Transaction Management Process in Energy Sector
Explore the intricacies of Push and Pull transactions in the energy sector involving IAS solutions and rescissions. Learn how various stakeholders interact and handle transactions throughout the process with detailed steps and illustrations.
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Presentation Transcript
Push: IAS Solution EDI MarkeTrak Gaining CR GCR submits IAS 814_XA trx with IA indicator, and MT# segment GCR agrees with LCR on the regain date GCR submits IAS into MT Receives 867_03 Receives 814_06 Losing CR LCR researches issue and responds to GCR with regain date Receives 867_04 Receives 814_XB ERCOT validates and forwards 814_03 with IA indicator and new segment with MT# in the transaction ERCOT ERCOT forwards 814_XB to LCR and 814_06 to GCR ERCOT forwards 867_04 and 867_03 TDSP Schedules IAS transaction and sends 814_04 transaction TDSP sends 867_04 and 867_03.
Push: Rescission EDI Customer Gaining CR GCR submits rescission 814_XA transaction with RES indicator Customer contacts GCR and rescinds Receives 867_03 Receives 814_06 Losing CR Receives 867_04 Receives 814_XB ERCOT ERCOT forwards 814_03 with RES indicator ERCOT forwards 814_XB to LCR and 814_06 to GCR ERCOT forwards 867_04 and 867_03 TDSP Schedules transaction and sends 814_04 transaction TDSP sends 867_04 and 867_03.
Pull: IAS Solution EDI MarkeTrak Gaining CR GCR submits IAS into MT GCR agrees with LCR on the regain date Receives 867_03 Receives 814_06 Losing CR LCR agrees to submit 814_16 with the agreement date LCR submits IAS 814_16 with IA indicator, and MT# LCR researches issue and responds to GCR with regain date Receives 867_04 Receives 814_05 ERCOT populates with MT agreed date and forwards 814_03 with IA indicator and new segment with MT# in the transactions ERCOT ERCOT forwards 814_05 to LCR and 814_06 to GCR ERCOT forwards 867_04 and 867_03 TDSP Schedules transaction and sends 814_04 transaction TDSP sends 867_04 and 867_03.
Pull: Rescission EDI MarkeTrak Gaining CR GCR submits Rescission issue into MT GCR agrees with LCR on the regain date Receives 867_03 Receives 814_06 Losing CR LCR submits 814_01 with RES indicator, and MT# LCR agrees to submit market transactions LCR researches issue and responds to GCR with regain date Receives 867_04 Receives 814_XB ERCOT populates with MT agreed date and forwards 814_03 with RES indicator and new segment with MT# in the trx ERCOT ERCOT forwards 814_XB to LCR and 814_06 to GCR ERCOT forwards 867_04 and 867_03 TDSP Schedules transaction and sends 814_04 transaction TDSP sends 867_04 and 867_03.
