Title | Framework for energy market communications – Part 503: Market data exchanges guidelines for the IEC 62325-351 profile | |
Acronym | IEC 62325-503 | |
Document Type | Standard | |
Committee | TC 57 - POWER SYSTEMS MANAGEMENT AND ASSOCIATED INFORMATION EXCHANGE | |
Published Year | 2018 | |
Link | https://webstore.iec.ch/publication/60690 | |
Abstract IEC 62325-503:2018 specifies a standard for a communication platform which every Transmission System Operator (TSO) in Europe can use to exchange reliably and securely documents for the energy market. Consequently a European market participant (TSO, regional supervision centre, distribution utility, power exchange, etc.) could benefit from a single, common, harmonised and secure platform for message exchange with other participants; thus, reducing the cost of building different information technology (IT) platforms to interface with all the parties involved. This edition cancels and replaces IEC TS 62325-503 published in 2014. |