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TeachMeFinance.com - explain Open access (electric) Open access (electric) The term 'Open access (electric)' as it applies to the area of energy can be defined as ' Federal Energy Regulatory Commission Order No. 888 requires public utilities to provide non-discriminatory transmission service over their transmission facilities to third parties to move bulk power from one point to another on a nondiscriminatory basis for a cost-based fee. Order 890 expanded Open Access to cover the methodology for calculating available transmission transfer capability; improvements that opened a coordinated transmission planning processes; standardization of energy and generation imbalance charges; and other reforms regarding the designation and undesignation of transmission network resources. NERC definition'. Previous 5 Terms: opacity Opaque OPC opeidoscope Open access Next 5 Terms: Open access same-time information system (OASIS) Open access transmission tariff (electric) Open Circuit Voltage Open Enrollment Period Open Lakes Forecast 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.