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NAESB OASIS for Market Transactions

URL:      http://www.naesb.org/weq/weq_ess_oasis_2_doc.asp

OASIS (Open Access Same-Time Information System) was mandated by FERC, and specifies the methods and information that must be exchanged between Market Participants and Market Operators for market transactions in the wholesale electric industry, including provisions for both a physical and financial rights market.

OASIS Phase I was developed under the aegis of NERC (the “How Group”), and is basically implemented as a Web Server that accepts the strictly defined OASIS templates as the mechanism to exchange the required data. Although this has worked well, it is very limited in its capabilities. Therefore, NAESB’s OSC group has started the development of OASIS Phase II.

OASIS II is specifically meant to refer to a set of common, standardized business functionality and associated supporting electronic communication interfaces implemented between cooperating entities (e.g., market participants, market operators, etc.), and is not meant to correspond to any one or group of specific systems that implement that interface. The primary scope of OASIS II is to define the functionality of these systems and the communications standards to exchange data among these systems and the users of these systems.

·       The OASIS II Use Cases, which will describe all in-scope business processes, business objects, and their associated logic.

·       The OASIS II Requirements, which will support the Use Cases by detailing specific requirements and metrics

·       The OASIS II Structural Design, which will describe the technical architecture and how functionality will be staged for deployment

·       The OASIS II Implementation Plan, which will indicate the order and timeline of how the stages will be specified, developed, and deployed

·       The OASIS II Standards and Communications Protocols, which will describe the data exchanges between the various OASIS systems and their associated business logic, and

·       The OASIS II Business Practices Standards, which will indicate North-American standards to be considered when utilizing the OASIS Phase II system.

Keywords:            Market operations, Market Participants, NERC, NAESB

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