Sec. 2. Definitions
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In this Act: The term Commission means the Federal Energy Regulatory Commission. The term distributed energy resource means an electric device that can produce or consume energy that is located— on the distribution system or any subsystem of the distribution system; or behind a customer meter. The term distributed energy resource includes— an energy storage resource; an energy generation technology; a demand response resource; an energy efficiency resource; an electric vehicle and associated supply equipment and systems; and aggregations and integrated control systems, including virtual power plants, microgrids, and networks of microgrid cells.
The terms electric consumer , electric utility , rate , and State regulatory authority have the meanings given the terms in section 3 of the Public Utility Regulatory Policies Act of 1978 ( 16 U.S.C. 2602 ). The term energy storage means equipment or facilities capable of absorbing energy, storing energy for a period of time, and dispatching the stored energy, that— uses mechanical, electrochemical, hydroelectric, or thermal processes, as a single facility or as an aggregation of units, throughout the electric grid, including behind the meter to store energy generated at one time for use at a later time; uses mechanical, electrochemical, hydroelectric, or thermal processes, as a single facility or as an aggregation of units, throughout the electric grid, including behind the meter to store energy generated from mechanical processes that would otherwise be wasted for delivery at a later time; or stores thermal energy for direct use for heating or cooling at a later time in a manner that avoids the need to use electricity at that later time.
The term granular , with respect to a rate or other price for electricity, means that the rate or price is established based on precise accounting of the value, as determined by the time and location of the production or consumption of the electricity and the unique type of energy services being provided, of electrical energy, capacity, and ancillary services, including— time-of-use rates; peak-time rebates; critical peak pricing; real-time pricing; transactive energy approaches; inverted time-of-use rates; forward-looking charges; peak-coincident capacity network charges; and 3-part rates.
The term grid flexibility means the ability of a power system— from an operational perspective, to respond to changes in supply and demand, such as abrupt changes in load conditions or sharp ramps in generation; and from a long-term planning and investment perspective, to respond to changes in technology, markets and policy, without incurring stranded assets. The term IoT means a set of technologies (including endpoint devices, such as sensors, actuators, management systems, user interfaces, vehicles, machinery, and household appliances) that— are linked via communication networks to enable advanced control and valuable services; and may provide real-time information and actionable analytics, as appropriate.
The term light-duty consumer vehicle has the meaning given the term light-duty vehicle in section 1037.801 of title 40, Code of Federal Regulations (as in effect on the date of enactment of this Act). The term microgrid means a localized grid that can disconnect from the traditional grid to operate autonomously and help mitigate grid disturbances to strengthen grid resilience. The term National Laboratory has the meaning given the term in section 2 of the Energy Policy Act of 2005 ( 42 U.S.C. 15801 ).
The term Secretary means the Secretary of Energy. The term transit agency has the meaning given the term in section 630.3 of title 49, Code of Federal Regulations (as in effect on the date of enactment of this Act). The term transit vehicle has the meaning given the term bus in section 1192.3 of title 36, Code of Federal Regulations (as in effect on the date of enactment of this Act).
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