EMK:Functional Architecture

This section describes the components which make EMarket work.

Functional Components

1. Four 'Calculation Engines:'
   1. Water Value calculation module
   2. Dispatch module (SPD simulation)
   3. Short term river chain optimisation module
   4. Company optimisation module
2. A 'Volatility Engine' which includes:
   1. A Volatility Matrix (incorporating inflow variability)
   2. A Monte Carlo series Generator
3. A scripting language which includes:
   1. A script editor (effectively the EMarket user interface)
   2. A script interpreter (controls the system operation) the scripting language underlies all EMarket operations. It is used to:
      1. Describe the characteristics of all Resource Instances
      2. Control and coordinate the operation of the calculation and volatility engines
      3. Control the production and formatting of output data