(1)
Commission— The term Commission means the Federal Energy Regulatory Commission.
(2)
Dispatchable power— The term dispatchable power means an electric energy generation resource capable of quickly ramping up or shutting down in time intervals necessary to ensure grid reliability.
(3)
Grid reliability— The term grid reliability means the ability of the electric grid to deliver electricity in the quantity and with the quality demanded by users, taking into account the bulk-power system’s capacity to withstand and rapidly recover from unexpected disturbances resulting from generation supply and demand.
(4)
Grid resilience— The term grid resilience means the ability of the electric grid to adapt to changing physical conditions and withstand and rapidly recover from disturbances, including natural disasters, cyber-attacks, and other unforeseen events.
(5)
Independent System Operator— The term Independent System Operator has the meaning given the term in section 3 of the Federal Power Act (
16 U.S.C. 796).
(6)
Regional Transmission Organization— The term Regional Transmission Organization has the meaning given the term in section 3 of the Federal Power Act (
16 U.S.C. 796).
(7)
Resource adequacy— The term resource adequacy means the ability of the electric grid to meet the aggregate demand for electric energy of users at all times, accounting for scheduled and unscheduled outages of bulk-power system components.
(8)
Transmission provider— The term transmission provider means a public utility (as defined in section 201(e) of the Federal Power Act (
16 U.S.C. 824(e))) that owns, operates, or controls 1 or more transmission facilities and includes Independent System Operators and Regional Transmission Organizations.