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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.
1/11/2023, 1:31 PM
Congressional Summary of S 1272
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.
Read the Full Bill
Current Status of Bill S 1272
Bill S 1272 is currently in the status of Bill Introduced since May 11, 2015. Bill S 1272 was introduced during Congress 114 and was introduced to the Senate on May 11, 2015. Bill S 1272's most recent activity was Committee on Energy and Natural Resources. Hearings held. as of May 19, 2015
Bipartisan Support of Bill S 1272
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
1Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 1272
Primary Policy Focus
EnergyPotential Impact Areas
- Competition and antitrust
- Congressional oversight
- Electric power generation and transmission
- Energy prices
- Government studies and investigations
- Public utilities and utility rates
Alternate Title(s) of Bill 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.
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.
Comments
Sponsors and Cosponsors of S 1272
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