NAESB-WEQ
NAESB standards for wholesale electricity in North America.
Definition
NAESB WEQ covers Open Access Same-Time Information System (OASIS), Electronic Tagging (e-Tag) for scheduling, Day-Ahead/Real-Time Markets, Electric Industry Registry. FERC Order 2222 compliant for DER aggregation. XML/JSON format via REST APIs.
Origin
NAESB founded 2002, merger of GISB (gas) and EISB (electric).
Example in context
An energy trader pushes a NAESB WEQ e-Tag to schedule 100 MW from Texas to Louisiana via SPP-MISO.
Related terms
- NAESB WGQ — gas counterpart.