Data Model: Assets to Offers
Note: The model follows the crows foot relationship methodology
Assets
Discrete and Group assets participate in markets by placing offers for requirements. Discrete assets are large individual assets, while Group assets are an aggregation of smaller individual assets known as Group Members. Group Members cannot participate on their own.
Offers
Discrete and Group assets can submit offers for requirements. An offer will include MW volume to commit and the price/s to be paid for the service.
Markets
Markets are enduring, they represent the type and location of flex being procured. There are two types of markets:
Single-Requirement Markets
Multi-Requirement Markets
Note: Assets have to be in the same Network Location as a market to participate.
Requirements
Requirements are dynamic, they represents when and how much flex is being procured, including when bidding occurs.
Offers are placed against individual requirements.