The Federal Energy Regulatory Commission (FERC) governs energy markets in the US. FERC Order 2222 (issued September 2020) enacts a policy change that allows distributed energy resources (DERs) such as MP systems to participate in wholesale electricity markets (see Figure ). A detailed discussion of FERC-2222 is included as Supplementary Information. We explore economic effects that FERC-2222 can have on the 245 largest dairy farms in Wisconsin using a supply chain model. Our results indicate that FERC-2222 can activate a manure bioeconomy to recover electricity, biogas, and nutrients. We envision this bioeconomy providing a peak generation service; our results show economic viability at electricity prices exceeding 171.69 USD/MWh, with the potential to generate up to $131 million in annual revenue for Wisconsin dairy farms, avert $39 million in carbon emissions, and $182 million in nutrient emissions. Figure illustrates this bioeconomy and summarizes our findings.