On January 19, 2021, the Federal Energy Regulatory Commission (FERC) issued an Order Directing Reports to obtain information related to hybrid resources from the nation’s six Regional Transmission Organizations and Independent System Operators (RTOs/ISOs). Each RTO/ISO will submit a report related to four hybrid resource issues: (1) terminology; (2) interconnection; (3) market participation; and (4) capacity valuation.
In brief, within the context of the Order, a “hybrid resource” is “a generation resource and an electric storage resource paired together”, subject to the proviso that “future trends may involve other combinations of resource types and thus may require a broader definition.”
The Order states: “We direct each RTO/ISO to file a report within 180 days from the
date of this order that provides: (1) a description of its current practices related to each of these four issues; (2) an update on the status of any ongoing efforts to develop reforms related to each of the four issues; and (3) responses to the specific requests for
information contained herein. Public comments in response to the RTO/ISO reports may
be submitted within 30 days of the filing of the reports. The Commission will use the
reports and comments to determine whether further action is appropriate.”
View FERC’s Order here: https://www.ferc.gov/sites/default/files/2021-01/E-15-AD20-9-000.pdf