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Independent System Operator (ISO) - Meaning

An organisation responsible for ensuring the efficient use and reliable operation of a supply network and, in some cases, power generation facilities. Individual ISOs may cover whole countries or regions. ISO responsibilities vary by jurisdiction, but may include co-ordinating capacity allocation, overseeing the balancing of inputs and outputs, managing system emergencies and reserves, ensuring new facilities are built when needed and settlement of charges for use of the network. In some cases, ISOs are also responsible for managing power exchange activities.

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