The market system for the new world Energy Market Systems are facing a transformation in terms of energy pricing, the value of services from regulation, dynamics in timing, and participant profiles and numbers. New regulations will appear as the renewable journey continues, requiring flexible market systems. GE’s Advanced Market System is designed to cope with this transformation. Advanced MMS is built in dense coordination with major leading RTOs in North America and with European market authorities.

Market solutions are designed around a modern architecture that supports product-based modules. These modules are reusable and can be easily implemented in a short amount of time to meet tight regulatory deadlines. A wide range of market applications are covered: - Forward capacity markets - Financial Transmission Rights (FTR) - Day-ahead and real-time markets (security constrained commitment, scheduling, and dispatching) - Look-ahead and fast-start resource commitment and dispatch - ENTSO-E capacity allocation - Scheduling and balancing market - Settlements

Benefits of Advanced Market Management System

- Integrated suite of modular applications, high performing to solve market clearing and settlements in a short time - Advanced optimization solutions used by large electricity market footprints (150+ GW) which enabled 100M$+ savings