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The Open Access Same-Time Information System (OASIS), is an Internet-based system for obtaining services related to electric power transmission in North America.It is the primary means by which high-voltage transmission lines are reserved for moving wholesale quantities of electricity.
The non-discriminatory services required by Order No. 888, known as open access services, are reflected in a pro forma open access tariff contained in the Rule. The Rule also requires functional separation of the utilities' transmission and power marketing functions (also referred to as functional unbundling) and the adoption of an electric ...
The Illinois Department of Financial and Professional Regulation (IDFPR) is the Illinois state government code department [1] [2] that through its operational components, the Division of Banking, Division of Financial Institutions, Division of Professional Regulation, and Division of Real Estate, oversees the regulation and licensure of banks and financial institutions, real estate businesses ...
On July 20, 2006, FERC issued an order certifying NERC as the ERO for the United States. In September 2018, the Federal Energy Regulatory Commission (FERC) and NERC opened a joint investigation into a "winter load event" earlier in January that stressed the electrical grids in the Midwest. On January 17, Midwest and U.S. south central grid ...
FERC was created by the U.S. Congress in 1977 in the aftermath of the 1973 oil crisis. FERC is an independent agency, despite being part of the U.S. Department of Energy. It is headed by five commissioners who are nominated by the U.S. president and confirmed by the U.S. Senate. There may be no more than three commissioners of one political ...
The Federal Energy Regulatory Commission (FERC)'s Energy Policy Act of 1992 was the first major step towards electric deregulation in North America, and was followed by a much more definitive action when FERC issued Orders 888 and 889 in 1996, which laid the groundwork for formalized deregulation of the industry and led to the creation of the network of Open Access Same-Time Information System ...
The Illinois Department of Revenue (IDOR) is the code department [1] [2] of the Illinois state government that collects state taxes, operates the state lottery, oversees the state's casino industry, oversees the state's thoroughbred and harness horse racing industries, and regulates the distribution of alcoholic beverages throughout Illinois, including beer, wine, and liquor. [3]
Thirty-five years later in 2002, the WSCC became WECC when three regional transmission associations merged. WECC was designated a Regional Entity for the Western Interconnection in 2007 after NERC delegated some of the authority it had received from FERC to create, monitor and enforce reliability standards.