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It also acts as a Marketplace in Wholesale power, especially since the Electricity Market Deregulation of the late 1990s . Most are set up as Non-profit Corporation s using governance models developed by the Federal Energy Regulatory Commission or FERC in April 1996 . FERC Order 888/889 required Open Access of the Grid to all electricity suppliers and mandated the requirement for an Open Access Same-Time Information System ( OASIS ) to coordinate Transmission suppliers and their customers. The Canadian equivalent is an IEMO Independent Electricity Market Operator . EXTERNAL LINKS
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