1. SAP Glossary
  2. Energy Data Management
  3. market area


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


SAP Term: market area

  • 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.


Smart SAP Assistant

  • 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.
    • Do you have any question about this SAP term?


      Upgrade now to chat with this SAP term.

Related SAP Glossary Terms

Click the links below to see the following related SAP glossary terms:
Rating
ERPlingo simplifies finding the accurate answers to SAP message errors. I now use every week. A must have tool for anyone working with SAP! Highly recommended!
Rate 1
Kent Bettisworth
Executive SAP Consultant