What is 'market area' in SAP IS-U-EDM - Energy Data Management?

market area - Overview

• Component: IS-U-EDM

• Component Name: Energy Data Management

• Description: A grouping of multiple gas grids or subgrids that allows gas quantities to be transferred between settlement areas at a virtual trading point.

market area - Details

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  Key Concepts: 
  Market area is a term used in the SAP IS-U-EDM Energy Data Management component. It is a geographical area that is used to define the scope of energy data management activities. It is used to group customers, meters, and other energy-related objects into a single unit. 
  
  How to use it: 
  The market area is used to define the scope of energy data management activities. It can be used to group customers, meters, and other energy-related objects into a single unit. This allows for easier management of energy data and helps to ensure that all related activities are properly tracked and monitored. 
  
  Tips & Tricks: 
  When creating a market area, it is important to consider the size and scope of the area. The market area should be large enough to encompass all relevant customers, meters, and other energy-related objects, but not so large that it becomes unmanageable. 
  
  Related Information: 
  For more information on market areas in SAP IS-U-EDM Energy Data Management, please refer to the SAP Help documentation.