Full Form of IRTO
Full Form: | Inter Regional Transmission Organization |
---|---|
Category: | Regional |
Sub Category: | Regional Terms |
What is IRTO Full Form?
IRTO full form Inter Regional Transmission Organization.
What is Inter Regional Transmission Organization?
A regional transmission organization (RTO) in the United States is an electric power transmission system operator (TSO) that coordinates, controls, and monitors a multi-state electric grid. The transfer of electricity between states is considered interstate commerce, and electric grids spanning multiple states are therefore regulated by the Federal Energy Regulatory Commission (FERC).[1] The voluntary creation of RTOs was initiated by FERC Order No. 2000, issued on December 20, 1999.[2] The purpose of the RTO is to promote economic efficiency, reliability, and non-discriminatory practices while reducing government oversight.