The Open Access Same-Time Information System (OASIS), is an Internet-based system for obtaining services related to electric power transmission in North America. It is the primary means by which high-voltage transmission lines are reserved for moving wholesale quantities of electricity. The OASIS concept was originally conceived with the Energy Policy Act of 1992, and formalized in 1996 through Federal Energy Regulatory Commission (FERC) Orders 888 and 889.
Electric utility systems in North America developed over time as regulated monopolies, jurisdictional utilities given rights to own and operate transmission and distribution networks in a given geographical area along with the responsibility to serve all loads in that same area. At first, utility companies generally served their own system load demand by building local power generation facilities within their systems. Social, economic, and ecological influences later led to new arrangements where a utility company might enter into long-term power purchase or sale agreements with neighboring utility companies, or locate new generation facilities outside of their system and enter into long-term agreements for transmission rights to deliver that energy to their own system. In the short-term world of day-to-day operations, utility companies would agree to "preschedule" (day ahead) or "real time" (same day or next hour) energy transactions with adjacent companies to supplement their own generation asset capabilities.
As utility companies began integrating their operations in more complex ways with their neighbors, they evolved into a vertical organizational structure with three tiers: Generation, Transmission, and Scheduling. On a day-to-day or day-ahead operational level these functions might be performed by three or more people at large utilities, but might be combined into a single employee's job at a small utility. The size of the back office support for each function varies greatly depending upon the size of the utility.
The generation group manages the maintenance and operations of generation assets, with an eye on the future regarding when, where and how much generation assets will need to be developed to keep up with future demand.