S. 1272
IntroducedA 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.
Latest Action
Committee on Energy and Natural Resources. Hearings held. Hearings printed: S.Hrg. 114-118.
5/19/2015 • Senate
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.
Introduced in Senate • 5/11/2015
Topics & Subjects
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Related Federal Spending
Sponsor & Cosponsors (2)
Party Breakdown
Sponsor
Cosponsors (1)
Bill Journey
Originated in the Senate
Introduced
May 11, 2015
Committee Review
May 19, 2015
Committee on Energy and Natural Resources. Hearings held. Hearings printed: S.Hrg. 114-118.
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law