S 1272
114th Congress
Senate
Energy
Competition and antitrust
Congressional oversight
Electric power generation and transmission
Energy prices
Government studies and investigations
Public utilities and utility rates
A bill to direct the Comptroller General of the United States to conduct a study on the effects of forward capacity auctions and other capacity mechanisms.
Introduced: May 11, 2015
Introduced by:
Markey, Edward J.
Democratic
· Massachusetts
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 19, 2015
Committee on Energy and Natural Resources. Hearings held. Hearings printed: S.Hrg. 114-118.
May 11, 2015
Read twice and referred to the Committee on Energy and Natural Resources.
May 11, 2015
Introduced in Senate
Plain-English summary
This bill directs the Government Accountability Office to study the effects of forward capacity auctions or other capacity mechanisms established by Independent System Operators or Regional Transmission Organizations with respect to:
- consumer prices for electricity;
- installation of new electrical generation systems;
- preservation of existing electrical generation systems; and
- competition in energy markets, including the potential for the use of undue market power or manipulation in the auctions.
The report to Congress on the study must assess whether the auctions or capacity mechanisms are producing rates that are just and reasonable.
What's happening now
Committee on Energy and Natural Resources. Hearings held. Hearings printed: S.Hrg. 114-118.
Committees of jurisdiction
1
Cosponsors
1