What is open position in SAP IS-U-EPM - Energy Portfolio Management?

SAP Term: open position

• Component: IS-U-EPM

• Component Name: Energy Portfolio Management

• Description: The part of a procurement portfolio that is not yet covered by a deal and, therefore, still needs to be procured.

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• Key Concepts: 
  Open position is a term used in SAP IS-U-EPM Energy Portfolio Management to refer to the difference between the amount of energy that has been purchased and the amount of energy that has been sold. It is calculated by subtracting the amount of energy sold from the amount of energy purchased. 
  
  How to use it: 
  The open position can be used to determine the amount of energy that needs to be purchased or sold in order to balance out the portfolio. This can be done by comparing the open position to the desired portfolio balance. If the open position is greater than the desired balance, then more energy needs to be sold. If the open position is less than the desired balance, then more energy needs to be purchased. 
  
  Tips & Tricks: 
  It is important to keep track of the open position in order to ensure that the portfolio remains balanced. This can be done by regularly monitoring the open position and making adjustments as needed. 
  
  Related Information: 
  The open position can also be used to determine the risk associated with a portfolio. If the open position is large, then there is a greater risk associated with the portfolio as there is more potential for losses due to price fluctuations.