FERC-516H, Electric Rate Schedules and Tariff Filings, Pro Forma Open Access Transmission Tariff (NOPR RM22-2)

NOTE that the burden estimates for the Notice of Proposed Rulemaking (NOPR) in Docket No. RM16-23 (RIN 1902-AF18) were submitted to OMB under FERC-516 (OMB Control No. 1902-0096, in ICR 201611-1902-005). Currently there is another unrelated item affecting FERC-516 and pending OMB review. Because only one item per OMB Control No. can be pending OMB review at a time, the reporting requirements in this Final Rule in RM16-23 will be submitted to OMB under a new collection number, FERC-516H. Electric Storage Participation in Markets Operated by Regional Transmission Organizations and Independent System Operators (RTO/ISO) -- The Commission issues this Final Rule in Docket Nos. RM16-23-000 and AD16-20-000 to amend its regulations under section 206 of the Federal Power Act (FPA) to remove barriers to the participation of electric storage resources and distributed energy resource aggregations in the capacity, energy, and ancillary service markets operated by regional transmission organizations (RTOs) and independent system operators (ISOs) (organized wholesale electric markets). Specifically, in the Final Rule, the Commission requires each RTO and ISO to revise its tariff [a one-time submittal] to establish a participation model consisting of market rules that, recognizing the physical and operational characteristics of electric storage resources, facilitates their participation in the RTO/ISO markets. The participation model must (1) ensure that a resource using the participation model is eligible to provide all capacity, energy, and ancillary services that the resource is technically capable of providing in the RTO/ISO markets; (2) ensure that a resource using the participation model can be dispatched and can set the wholesale market clearing price as both a wholesale seller and wholesale buyer consistent with existing market rules that govern when a resource can set the wholesale price; (3) account for the physical and operational characteristics of electric storage resources through bidding parameters or other means; and (4) establish a minimum size requirement for participation in the RTO/ISO markets that does not exceed 100 kW. Additionally, each RTO/ISO must specify that the sale of electric energy from the RTO/ISO markets to an electric storage resource that the resource then resells back to those markets must be at the wholesale locational marginal price. Accordingly, the rule would require the RTOs and ISOs to change their tariffs to conform to the rule within 270 days of the effective date of the Final Rule. In the Final Rule in Docket No. RM16-23, the Commission is requiring a one-time tariff filing, due 9 months after the effective date of the Final Rule.

The latest form for FERC-516H, Electric Rate Schedules and Tariff Filings, Pro Forma Open Access Transmission Tariff (NOPR RM22-2) expires 2021-05-31 and can be found here.