ISO (Independent System Operator)

An Independent System Operator (ISO) is an organization that manages the electrical grid and electricity markets within a specific region. Its main role is to coordinate the generation and distribution of electricity to ensure reliable, efficient, and fair access for all power providers and consumers. The ISO operates independently from utilities or power companies, maintaining an unbiased position to prevent favoritism. It balances supply and demand in real-time, coordinates maintenance, and facilitates competitive electricity markets, helping to keep prices fair and the lights on consistently.