Aggregator bidding into organized wholesale electric markets

(a) In general Notwithstanding any prohibition established by a relevant electric retail regulatory authority with respect to who may bid into an organized wholesale electric market, each Transmission Organization shall, with respect to the organized wholesale electric market controlled by the Transmission Organization, allow any bid from an aggregator of retail customers that aggregates the demand flexibility of the customers of utilities that distributed more than 4 million megawatt-hours in the previous fiscal year. Such flexibility may be achieved through demand response, distributed generation, distributed storage, and community-based or municipal aggregation programs. (b) Rulemaking Not later than 12 months after the date of enactment of this section, the Commission shall promulgate a final rule pursuant to subsection (a). (c) Standard procedures Each Transmission Organization shall establish standardized registration, telemetry, and settlement procedures for aggregators of distributed energy resources to ensure non-discriminatory participation and data access. (d) Definitions In this section: (1) Commission The term Commission means the Federal Energy Regulatory Commission. (2) Electric retail regulatory authority The term electric retail regulatory authority means an entity that establishes retail electricity prices and retail competition policies for customers. (3) Transmission Organization The term Transmission Organization has the meaning given such term in section 3 of the Federal Power Act (16 U.S.C. 796).