New York State ISO Board of Directors

Business Wire, Oct 29, 1998

ALBANY, N.Y.--(BUSINESS WIRE)--Oct. 29, 1998--A selection committee today announced the appointment of a nine member Board of Directors for the proposed Independent System Operator (ISO) for the New York State electric transmission system and energy markets.

The ISO is being formed as part of the overall restructuring of the electric industry in the State. The new entity will maintain the reliable, safe and efficient operation of the New York power grid, facilitate and administer the State's competitive wholesale electric markets and manage the State's open access transmission tariff. The reliable operation of the grid is presently performed by the New York Power Pool, which consists of the six investor-owned utilities, and the two Power Authorities. -0-