FERC´s standard market design: the MidWest RTO experience

Summary form only given as follows. MISO is the largest approved RTO in the Eastern Interconnection to date and membership continues growing. The implementation of markets in the Midwest as proposed by the MISO will have long lasting effects on how market participants do business in this part of the country. The author addresses the following issues in this presentation: process to develop MISO market design; MISO market design; and status report on MISO markets implementation.