biology daily - the biology and biochemistry encyclopedia
biology daily articles and research Encyclopedia Dictionary Forums biology research links Weblinks Pictures Articles Blogs Newsletter

Independent System Operator

In the US an Independent System Operator or ISO, is a federally regulated regional organization which coordinates, controls and monitors the operation of the electrical power system.

It also acts as a marketplace in wholesale power, especially since the electricity market deregulation of the late 1990s.

Most are set up as non-profit corporations using governance models developed by the Federal Energy Regulatory Commission or FERC in April 1996.

FERC Order 888/889 required Open Access of the grid to all electricity suppliers and mandated the requirement for an Open Access Same-Time Information System (OASIS) to coordinate transmission suppliers and their customers.

The Canadian equivalent is an IEMO Independent Electricity Market Operator.

External links



07-14-2008 23:18:10
The contents of this article are licensed from Wikipedia.org under the GNU Free Documentation License. How to see transparent copy
BiologyDaily.com 2005. Legal info   Privacy