Bill Text: TX SB689 | 2011-2012 | 82nd Legislature | Introduced
Bill Title: Relating to the disclosure of electricity generation offers received by ERCOT.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2011-02-23 - Referred to Business & Commerce [SB689 Detail]
Download: Texas-2011-SB689-Introduced.html
82R498 TRH-F | ||
By: Ellis | S.B. No. 689 |
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relating to the disclosure of electricity generation offers | ||
received by ERCOT. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Subchapter D, Chapter 39, Utilities Code, is | ||
amended by adding Section 39.1516 to read as follows: | ||
Sec. 39.1516. DISCLOSURE OF ELECTRICITY GENERATION OFFERS. | ||
(a) An independent organization certified under Section 39.151 | ||
shall disclose all electricity generation offers in the balancing | ||
energy market received by the organization. A disclosure under | ||
this section shall: | ||
(1) be posted on the organization's Internet website | ||
not more than two days after the offer is received; and | ||
(2) include: | ||
(A) the identity of the generation entity making | ||
the offer; | ||
(B) the amount of the offer; and | ||
(C) the location and period for which the offer | ||
is made. | ||
(b) The commission shall adopt rules as necessary to | ||
implement this section. | ||
SECTION 2. This Act takes effect September 1, 2011. |