Market System Enhancement
MISO’s Market System Enhancement (MSE) endeavor, spanning from 2017 to 2025, transforms MISO’s market technology into a more flexible, more secure system that allows for faster adoption of new technologies.
Major MSE projects include:
- Day-Ahead Market Clearing Engine (DA-MCE), is re-engineering the Market System using modern software design patterns to meet modularity, security, and performance requirements. Expected completion in 2024.
- MISO Model Manager, enables MISO members to provide modeling data to MISO to maintain accurate power system models. Expected completion in 2025.
- Operator Interface, assists operators and stakeholders with communication and reliability. Released Q1 2024.
- Upgraded Energy Management System, allows operators to monitor and analyze the health of the Bulk Electric System and to fulfill MISO’s NERC-certified roles. Completed 2022.
- New Market User Interface, allows market participants to transact with the MISO Energy & Ancillary Services Market. Completed 2021.
MSE initiatives better support the region’s evolving generation mix as well as future processes for operating electricity markets. This on-going work is a critical element of MISO’s Reliability Imperative.
MSE Quarterly program updates occur at Market Subcommittee meetings and at Board of Directors meetings and Customer Readiness Symposium (CRS) meetings.
