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Market Standards Collaboration: Driving Openness and Efficiency in the Industry

The Market Standards Collaborative (MSC) is an open forum founded by ABB, AREVA, and SIEMENS to collaborate on specifying market standards. Volunteering standards helps the industry open up market systems, drive incremental business, and ensure interoperability. This article explores the applicable areas of market standards and keys to effective collaboration.

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Market Standards Collaboration: Driving Openness and Efficiency in the Industry

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  1. Market Standards Collaboration Donna Marush Director of Sales FERC, July 14, 2004

  2. Market Standards Collaborative (MSC) • ABB, AREVA and SIEMENS founded an open forum to collaborate on specifying market standards • The Vendors know the interfaces best to define the standards that will work • Volunteering Standards helps the industry open up the market systems • Competitive procurements drive incremental business for each of the vendors • Implementation of the standard requires each vendor to integrate this standard into their own product • Interoperability testing is sponsored by the industry

  3. Where are standards applicable • Perceived Value for independence • Multi-vendor solutions are available • At the Object / Module interface • Security Constrained Unit Commitment • Seams for inter-regional activities • ICCP • OASIS • ISN

  4. Keys to effective collaboration • Staff that knows the interfaces • Timeliness • Interested parties that have an offering • Clear set of contained objectives at the module level (rather than a system level)

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