Open-Access Same-Time Information System

Open-Access Same-Time Information System

[‚ō·pən¦ak‚ses ¦sām¦tīm ‚in·fər′mā·shən ‚sis·təm]
(electricity)
An electronic system that uses Internet Web nodes to communicate to everyone in a fair and equitable manner information on available transmission capability and the cost of purchasing transmission services on the electric power transmission system, and allows for purchasing and reselling of transmission rights. Abbreviated OASIS.
McGraw-Hill Dictionary of Scientific & Technical Terms, 6E, Copyright © 2003 by The McGraw-Hill Companies, Inc.
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