Definition of Open access

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TeachMeFinance.com - explain Open access



Open access

The term 'Open access' as it applies to the area of energy can be defined as ' A regulatory mandate to allow others to use a utility's transmission and distribution facilities to move bulk power from one point to another on a non discriminatory basis for a cost-based fee'.

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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".


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