scope:

IEC 62325-451-4:2017(E) specifies a package for the settlement and reconciliation business process and the associated document contextual model, assembly model and XML schema for use within European style markets. Is based on the European style market profile (ESMP) (IEC 62325-351) and provides a uniform layout for the transmission of aggregated data in order to settle the electricity market. The purpose of this document is only to enable the information exchange necessary to carry out the computation of settlement and reconciliation. This new edition includes the following significant technical changes with respect to the previous edition: - removal of the attributes “quantity” and “secondary quantity” of the class “Point”; - introduction of the classes “Quantity” and "Reason" from IEC 62351-351 UML package.