Regulating Resilience: A Summary of FERC Filings for Docket No. AD18-7-000
In early January 2018, the Federal Energy Regulatory Commission (FERC) rejected the Department of Energy’s notice of proposed rulemaking seeking baseload cost recovery for generators with 90 days of fuel on-site, arguing that these assets are providing reliability and resilience to the grid. Within the same proceeding, FERC initiated Docket No. AD18-7-000, Proposed Rule on Grid Reliability and Resilience Pricing, “to specifically evaluate the resilience of the bulk power system in the regions operated by regional transmission organizations (RTOs) and independent system operators (ISOs). In this order, we direct each RTO and ISO to submit information to the Commission on certain resilience issues and concerns identified herein to enable us to examine holistically the resilience of the bulk power system.” FERC has directed ISOs and RTOs to address a set of questions on resilience. Initially, filings were due within 60 days, at the start of April. Since this docket is coming at a particularly busy time for FERC and not all industry groups have submitted their comments, the deadline has been extended to May 9, 2018.
This research insight summarizes the ISOs and RTOs filings submitted to FERC at the beginning of March 2018. Across filings, there is a clear theme of system operators highlighting existing agenda items that are now being categorized as critical to ensuring resilience in their territory. These agenda items are currently in a filing process or stakeholder processes, or will be filed with FERC by the end of 2018.