Bill Details
Official information provided by the Congressional Research Service. Learn more or make a suggestion.The Congressional Research Service writes summaries for most legislation. These summaries are listed here. Causes will update some legislation with a revised summary, title or other key elements.
Official Title
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.
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.
bill Progress
- Not enactedThe President has not signed this bill
- The house has not voted
- The senate has not voted
- senate Committees
Committee on Energy and Natural ResourcesIntroducedMay 11th, 2015
Energy