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In case of errors in the system related to already issued certificates, we need a mechanism for bringing the wallet and regisry into a correct state.
Example: We issue a certificate with too much produced energy which we need to withdraw. See the diagram from Energy Track and Trace:
The solution requires clear business case analysis, as there are som considerations related to how the market actors will experience a withdraw of a certificate.
If the Certificate has been transfered or claim fully or partially there is a need to consider how to inform the market actors.
Who do we notify and how?
How do we counter the wrong certificate? Do we "consume" some power with a correction consumption certificate if we need to remove power?
Do we issue an additional certificate in the same time period if we need more power?
Do we withdraw and issue a new correct certificate and execute all previous transaction such as claim, withdraw etc.?
Basic Example
It must be possible to withdraw a certificate to correct the available amount of energy in the grid.
Drawbacks
Not implementing withdraw leaves us in a situation where errors cannot be corrected in the market.
Unresolved questions
No response
The text was updated successfully, but these errors were encountered:
Description
In case of errors in the system related to already issued certificates, we need a mechanism for bringing the wallet and regisry into a correct state.
Example: We issue a certificate with too much produced energy which we need to withdraw. See the diagram from Energy Track and Trace:
The solution requires clear business case analysis, as there are som considerations related to how the market actors will experience a withdraw of a certificate.
If the Certificate has been transfered or claim fully or partially there is a need to consider how to inform the market actors.
Do we issue an additional certificate in the same time period if we need more power?
Do we withdraw and issue a new correct certificate and execute all previous transaction such as claim, withdraw etc.?
Basic Example
It must be possible to withdraw a certificate to correct the available amount of energy in the grid.
Drawbacks
Not implementing withdraw leaves us in a situation where errors cannot be corrected in the market.
Unresolved questions
No response
The text was updated successfully, but these errors were encountered: