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Glossary

Here's a few terms for platform and functionality you may want to look up in these docs as you move along.

Term Description
Communities The top-level REC entity. Contains all members, meters, resources, and configuration.
Members Participants in a community — Anchor/Host, Promoter, or Consumer/OffTaker/NonHost. Or simply just a basic "Member". Each member owns one or more resources.
CPE Código de Ponto de Entrega (Point of Delivery Code) — the unique code identifying an electricity supply point in Portugal, assigned by the DSO (E-REDES). Found on the electricity bill or grid connection notice. In RECreation, it identifies DSO-registered meters.
Meters Measurement points in the community hierarchy: CPEs (DSO-registered meters), Internal meters (behind a CPE), and Aggregator CPEs (entire community measurements aggregated by the DSO and with a specific contract). Define the structure tree used for energy allocation.
Contracts Retailer contract parameters attached to a CPE meter — buy/sell tariff structures, voltage level, and tariff cycle. Buy and Sell tariffs are optional but voltage level, tariff cycles and contracted power are not.
Resources Energy assets attached to meters: consumption units (IC/IU), production units (SCPU/IPR), storage, EVs, and heat pumps. The atomic unit for ownership and trading in the local energy market.
Sessions One 15-minute ISP (Interval Settlement Period). It's our model for a 15 minute interval that joins meters, resources, members and their data, as well as the results of operations and their status (are they finalized, pending action etc...).
Market The local energy market (LEM) clearing algorithm that runs within a session, matching producers and consumers and generating transactions at a price and energy.
Settlement Financial computation of revenues and costs for each member after market clearing. Produces billing data per ISP.
Loads User made meter measurements(consumption/generation), uploaded per 15-minute interval. Can be used for CPEs in Simulation mode. Otherwise, only for INTERNAL meters.
DSO Loads Measurement data received from the Distribution System Operator for each CPE — consumption, injection, surplus allocation, and imputed energy — in 15-minute intervals.
Forecast Predicted generation and consumption profiles used in pre-delivery phases for energy management optimization and simulation scenarios.
Opportunity Costs Per-CPE, per-interval cost values representing the buy and sell price of each CPE with their retailer.
Bilateral Prices Agreed energy prices between a specific provider–receiver member pair, either per interval (dynamic) or static. Used with BILATERAL_PRICE or TREE_DNAC market rates and their FIXED counterparts.
Bilateral Energy Allocations Dynamic allocation coefficients computed per provider–receiver CPE pair per 15-minute interval. Submitted to the DSO for validation before final settlement in DYNAMIC allocation communities.
Fixed Coefficients Static energy allocation coefficients submitted to the DSO for communities using the FIXED allocation method.
RESP Rede Elétrica de Serviço Público — the Portuguese public electricity grid. CPE pairs connected only through RESP are subject to self-consumption grid-access tariffs on traded energy. By default, most CPEs are.
ERSE Files Regulatory data files published by ERSE (Entidade Reguladora dos Serviços Energéticos) — network access tariffs, loss factors and tariff cycles. Mandatory to compute opportunity costs and thus calculate potential savings.
OMIE The Iberian electricity market operator. Provides day-ahead spot prices used as a pricing reference in indexed contracts.
Energy Management Pre-delivery optimization and flexibility modules (OSTEC, GDBN) that generate setpoints for controllable assets such as batteries, EVs, and heat pumps.
Sizing Pre-delivery module for large-scale simulations to evaluate optimal asset sizing (e.g. PV capacity, battery size) for a community before deployment.
Simulator Community operation mode that emulates DSO energy allocation from internal meter data, enabling testing and historical re-runs without real DSO data feeds.
Billing Guides PDF/Excel financial summary reports generated per date range, showing each member's revenues, costs, and energy data. Settlement outputs can be retrieved by API.
Business Validity The dated history of a community's structure. Members, meters, resources, ownerships, contracts, RESP, fixed bilateral prices, EMS and community configuration each apply between an inclusive start_date and an optional inclusive end_date (Europe/Lisbon days). See Business Validity.
Version One dated state of an entity, identified by version_id. An entity keeps the same id across all its versions.
effective_at Query parameter that selects the day whose versions are returned or acted on. Defaults to today (Europe/Lisbon) on reads; required when ending an entity with DELETE.
Context Window A run of consecutive sessions with an unchanged community structure. Market clearing and settlement run once per window.