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TeachMeFinance.com - explain Open access same-time information system (OASIS) Open access same-time information system (OASIS) The term 'Open access same-time information system (OASIS)' as it applies to the area of reclamation can be defined as ' An electronic information system that allows users to instantly receive data on the current operating status and transmission capacity of a transmission provider. FERC established standards for OASIS in Order 889. Examples of the type of information that might be available on a transmission system OASIS include: availability of transmission services; hourly transfer capacities between control areas; hourly amounts of firm and non-firm power scheduled at various points; current outage information; load flow data; current requests for transmission service; and secondary market information regarding capacity rights that customers wish to resell'. Previous 5 Terms: Opaque OPC opeidoscope Open access Open access (electric) Next 5 Terms: Open access transmission tariff (electric) Open Circuit Voltage Open Enrollment Period Open Lakes Forecast Open market coal About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.