Oracle 1Z0-1156-26 Certification Exam Syllabus

• Identify and describe each key type of market participant in wholesale and retail markets
• Differentiate responsibilities and functional groups among market participants
• Summarize the purpose and significance of each participant’s role in the market ecosystem

- Evaluate the impact of market relationships and service providers in the settlement process

• Analyze market relationships and their implications for settlements
• Examine the function and configuration of service providers within market participant structures

- Configure market participant contracts and contract types, ensuring correct mapping and integration

• Explain the market participant contracts
• Configure contracts and contract types in alignment with market requirements and organizational policies
• Validate contract configurations to ensure correct mapping between participants and efficient settlements

• Identify various types of standalone data relevant to the settlement process
• Classify standalone data according to its intended settlement use or business purpose
• Explain the role of standalone data in supporting accurate settlements
• Distinguish between initial measurement data and transactional data as used in settlements

- Design methods for storing, importing, or uploading standalone measurements, including interpreting file formats and data requests

• Evaluate the different storage options and best practices for standalone data within the system
• Select appropriate file formats for uploading and importing standalone measurements
• Develop and document procedures for importing standalone measurements via standard interfaces

- Implement centralized scheduling and control for standalone data processes

• Configure centralized controls and schedules for initiating standalone data processing activities
• Automate data requests to ensure scheduled and timely movement of standalone measurements

- Evaluate the use of processing timetable types for data management

• Optimize automated operations to reduce errors and improve the timeliness of data availability
• Monitor and troubleshoot standalone data management process flows to ensure accuracy and compliance

• Describe the function of Settlement Units and how they organize data for settlement calculations
• Configure core components and attributes of a Settlement Unit according to business and regulatory needs

- Differentiate between dimensions, factor codes, classes, and factor values

• Describe the purpose and characteristics of dimensions, factor codes, classes, and factor values in the configuration of settlements
• Determine when each element—dimension, factor code, class, or factor value—is most appropriately applied

- Analyze the classification and application of loss factors, including configuring the associated algorithms

• Categorize various types of loss factors (eg, technical, non-technical) used in settlements
• Configure algorithms responsible for applying loss factors in accordance with system requirements

- Apply loss factors to aggregated data within settlement scenarios

• Integrate loss factors into aggregate settlement calculations to accurately reflect system and regulatory requirements

• Compare the processes and applications of forecasting and backcasting in settlement operations
• Illustrate scenarios where forecasting or backcasting is required to address settlement gaps
• Explain the impact of choosing forecasting versus backcasting on settlement results and compliance

- Apply estimation rules, including key parameters and VEE rules, to specific settlement scenarios

• Interpret estimation rule requirements for various settlement scenarios
• Apply key estimation parameters to ensure proper calculation of settlement values
• Select and apply appropriate VEE (Validation, Editing, and Estimation) rules for data quality in settlements
• Document settlement case studies requiring application of estimation and VEE rules

- Evaluate the setup and operation of interval proxy day estimation, including weather station selection and rule configuration

• Analyze the process of configuring interval proxy day estimation algorithms for settlements
• Evaluate criteria for selecting the most appropriate weather station in proxy day estimation
• Assess the effectiveness of configured estimation rules in reproducing realistic settlement values

- Assess measuring component comparison options for accuracy in estimation processes

• Compare different measuring component comparison methods to determine the most accurate approach for specific settlement estimation processes

• Compare the core concepts of standard aggregation and dynamic aggregation
• Summarize the primary features unique to each aggregation method
• Evaluate scenarios to determine when to apply dynamic versus standard aggregation
• Explain the specific business purposes of both standard and dynamic aggregation within settlements

- Implement aggregation groups, aggregation schedules, and measuring component sets

• Define the essential components necessary for setting up dynamic aggregation
• Distinguish between constituent measurements and aggregator measuring component sets
• Outline the step-by-step process to configure aggregation groups for settlements
• Specify and configure relevant data sources for aggregation tasks
• Describe how Template SQL is incorporated within aggregation data sources
• Develop measuring component types specifically used for dynamic aggregation
• Organize measuring component sets by assigning them to appropriate classes
• Configure aggregation groups for streamlined measurement handling
• Set up and manage aggregation schedules to automate aggregation processing
• Utilize the aggregation business object (eg, D1-AggregationGroup) to maintain aggregation structure
• Apply measuring components effectively within the aggregation workflow
• Execute and track the aggregation group run to ensure successful completion
• Recognize and utilize the component that stores aggregated measurement results for reporting

- Explain the processing timetable

• Interpret the role of the processing timetable in aggregation and describe different types needed for configuration

- Configure and evaluate SQL templates and data sources for aggregation

• Configure and assess SQL templates and aggregation data sources to verify accurate data extraction and transformation

- Assess the dimension scanning process, and interpret aggregation outcomes for settlement reporting

• Analyze the dimension scanning process, explaining its function within aggregation groups
• Interpret aggregated data results for use in settlement reporting, ensuring alignment with business and regulatory requirements

• Identify the main elements of a market product set and their roles in settlements
• Categorize different types of market products based on their settlement functions
• Distinguish between market products and market awards in terms of purpose and use
• Map the hierarchical relationship between product sets, products, and awards
• Analyze the structure and requirements of various energy contracts in settlementsIllustrate the process hierarchy from product set creation to award assignment
• Explain the key configuration steps for establishing market product sets
• Document the critical attributes required for a market product in settlement processes

- Analyze key components of market contracts and awards, and their configurations

• Analyze the structure and requirements of various energy contracts in settlements
• Differentiate between contract types and explain their specific configuration considerations
• Identify essential configuration parameters for market contracts
• Evaluate how contract terms impact the award process within settlements
• Interpret the linkage between contracts, awards, and associated settlement transactions
• Assess the setup steps for activating and updating market contracts

- Evaluate the integration and impact of market contracts on settlement processes

• Assess how market contracts interface with other settlement components
• Evaluate the downstream effects of contract changes or updates on settlement accuracy
• Measure the effectiveness of contract configurations in supporting compliance requirements
• Analyze scenarios where contract and award integrations highlight process strengths or reveal gaps
• Determine best practices for maintaining contract integrity within the settlements process
• Review reporting and audit considerations for contracts integrated into settlements

• Interpret the purpose and structure of aggregation rules within settlement subscriptions
• Configure calculation groups and ensure their alignment with settlement requirements
• Apply specific calculation rules to accurately determine settlement outcomes
• Integrate and test array math rules as part of subscription calculations

- Apply subscription configurations to generate relevant settlement transactions

• Set up subscription parameters necessary for automated settlement transaction generation
• Execute creation and processing of settlement transactions using designated subscription configurations
• Ensure subscription settings correctly drive the generation of market award allocations

- Evaluate transaction logs, outbound messages, and communication scenarios

• Review and assess settlement transaction logs for process verification and issue identification
• Analyze the content and delivery of outbound messages and associated communications

- Troubleshoot exceptions and allocate market awards within settlement transactions

• Investigate and resolve exceptions encountered in settlement transactions, utilizing To Do management as needed
• Implement market award allocation rules in the context of active settlement transactions

• Map and analyze complete settlement process flows, identifying key stages and integrations
• Configure process flow panels and track formats to support efficient settlement operations

- Evaluate different process flow types for optimization

• Assess multiple process flow types and recommend optimal configurations tailored to business needs

- Apply learned knowledge to scenario-based process flow issues

• Solve complex, scenario-based process flow challenges using established best practices and process knowledge