This initiative will focus on revising Bid Cost Recovery (BCR) provisions as they apply to energy storage in standalone and co-located configurations. In addition, this initiative will explore means to enhance the approximation of opportunity costs within the Default Energy Bids applicable to energy storage assets, as well as developing a Default Energy Bid applicable to hybrid resources.
| Proposal Development | Decision | Implementation | Completed/Closed |
|---|---|---|---|
|
Oct 31, 2024 Final proposal posted
Nov 18, 2024 Revised draft tariff language posted |
Nov 07, 2024 Joint Board of Governors and WEM Governing Body approval
Nov 26, 2024 Tariff amendment to prevent unwarranted bid cost recovery payments to storage resources, and request for effective date on shortened notice (ER25-376) Feb 20, 2025* FERC order |
Dec 01, 2024* Effective Date
Implementation milestones
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