By: Hancock S.B. No. 2232
A BILL TO BE ENTITLED
AN ACT
relating to a study of the elimination of the effects of federal
renewable energy subsidies.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Subchapter D, Chapter 39, Utilities Code, is
amended by adding Section 39.159 to read as follows:
Sec. 39.159. ELIMINATING EFFECTS OF RENEWABLE ENERGY
SUBSIDIES. (a) The commission shall require the ERCOT independent
system operator to identify and study the ongoing effects that
federal renewable energy subsidies have on the pricing,
reliability, and efficiency of the electric power market in the
ERCOT power region. The commission shall request comments on the
study from interested parties.
(b) The scope of the study under this section must include
peak price formation, negative pricing, ancillary services,
congestion, reserve margins, and transmission costs.
(c) The commission shall include in a report required by
Section 31.003 the results of the study and a description of any
proposed rules to address the findings of the study.
SECTION 2. This Act takes effect September 1, 2019.