Abstract: The present invention provides methods and systems for managing a bulk electric power market. A set of inter-related automated process streams relating to the bulk electric power market are implemented. A plurality of automated processes for each process stream may also be implemented. 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) automated inputs; (ii) automated activities; (iii) and automated outputs. The process streams may be used to manage a bulk electric power market and to control an electric power grid. For example, the process streams may be used for determining market-based wholesale electric rates; scheduling transmission outages; creating a day-ahead market schedule; and calculating monetary positions of customers involved in settlement of the day-ahead market.