Results for tag: "Independent System Operator"

The Independent System Operator (ISO) is a type of market within the electricity industry. It is responsible for the reliable operation of the electric grid, ensuring that electricity is delivered to customers in a safe and reliable manner. ISOs are responsible for managing the transmission of electricity, as well as the scheduling and pricing of electricity. They also manage the wholesale electricity market, ensuring that electricity is bought and sold in a fair and competitive manner. ISOs are typically regulated by the government, and are responsible for ensuring that electricity is provided at a reasonable cost. Some of the companies in the ISO market include PJM Interconnection, ISO New England, Southwest Power Pool, California ISO, Midcontinent Independent System Operator, and New York ISO. Show Less Read more