Bill114th CongressFiled May 11, 2015Energy
S. 1272
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.
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What it doesSummary introduced in senate (May 11, 2015)
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 just happenedMay 19, 2015
Committee on Energy and Natural Resources. Hearings held.
Who’s behind it
Sen. Markey, Edward J. [D-MA](D-MA)Sponsor
1 cosponsor1 D
1cosponsors1committees3actions1related bills6subjects
- Introduced in SenateMay 11, 2015
- May 19, 2015Committee
Committee on Energy and Natural Resources. Hearings held.
Energy and Natural Resources Committee - May 11, 2015IntroReferral
Read twice and referred to the Committee on Energy and Natural Resources.
Energy and Natural Resources Committee - May 11, 2015IntroReferral10000
Introduced in Senate