What is BS EN IEC 62325 ‑ 503 - Framework for energy market communications about?
BS EN IEC 62325 is a series on a framework for energy market communications. Framework for energy market communications refers to the use of different marketing channels and tools in combination. BS EN IEC 62325 ‑ 503 specifies a standard for a communication platform that 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) platf...