S. 2929 · 113th Congress
Providing Opportunities to Work for Energy Reliability Act
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Never voted on. It didn't reach a floor vote before the 113th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
No cosponsors.
Providing Opportunities to Work for Energy Reliability Act or the POWER Act - Amends the Federal Power Act to direct the Federal Energy Regulatory Commission (FERC) to review any decision by the North American Electric Reliability Corporation (NAERC) to approve a new balancing authority that would alter cost allocations under an existing system support…
What it does: CRS summary · Introduced in Senate · Nov 17, 2014
Providing Opportunities to Work for Energy Reliability Act or the POWER Act - Amends the Federal Power Act to direct the Federal Energy Regulatory Commission (FERC) to review any decision by the North American Electric Reliability Corporation (NAERC) to approve a new balancing authority that would alter cost allocations under an existing system support resources agreement.
Precludes such new balancing authority from taking effect until approved by FERC.
Requires FERC to publish a cost-benefit analysis of the proposed NAERC decision, including its likely financial impact upon ratepayers, before issuing a decision to approve, disapprove, or modify the NAERC decision.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Providing Opportunities to Work for Energy Reliability Act
Also known as: POWER Act
Latest action (Nov 17, 2014): Read twice and referred to the Committee on Energy and Natural Resources.
Policy area: Energy · Origin: Senate · Introduced: Nov 17, 2014
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.