The present invention provides methods for managing a bulk electric power market.
In an example embodiment of the invention, a set of inter-related process streams
relating to the bulk electric power market are established. A plurality of processes
for each process stream contained in the set of inter-related process streams is
also established. At least one process of each process stream serves as an input
to, or output from, at least one other process stream. Each process may comprise:
(i) at least one of manual or automated inputs; (ii) at least one of manual or
automated activities; (iii) and outputs. A diagrammatic process stream flow may
be provided for each process stream. A diagrammatic process flow may be provided
for each process in each process stream. Textual process descriptions may also
be provided which correspond to each process flow.