113 S2947 IS: To amend the Federal Power Act to clarify the authority of the Federal Energy Regulatory Commission to prescribe just, reasonable, and not unduly discriminatory or preferential terms, conditions, and compensation applicable to wholesale demand response resource participation in organized wholesale energy, capacity, and ancillary service markets. U.S. Senate 2014-11-20 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
II 113th CONGRESS2d Session S. 2947 IN THE SENATE OF THE UNITED STATES November 20, 2014 Mr. Heinrich introduced the following bill; which was read twice and referred to the Committee on Energy and Natural Resources A BILL To amend the Federal Power Act to clarify the authority of the Federal Energy Regulatory Commission to prescribe just, reasonable, and not unduly discriminatory or preferential terms, conditions, and compensation applicable to wholesale demand response resource participation in organized wholesale energy, capacity, and ancillary service markets.
1.
Treatment of wholesale demand response resources
Section 206(a) of the Federal Power Act (16 U.S.C. 824e(a)) is amended— (1)by designating the first through third sentences as paragraphs (1) through (3), respectively; and(2)by adding at the end the following:(4)
Treatment of wholesale demand response resources
(A)
Definitions
In this paragraph:(i)
Demand response
The term demand response means a reduction in the consumption of electric energy by customers from their expected consumption in response to an increase in the price of electric energy or to incentive payments designed to induce lower consumption of electric energy.(ii)
Demand response resource
The term demand response resource means a resource capable of providing demand response.(B)
Authority
The Commission may prescribe just, reasonable, and not unduly discriminatory or preferential terms, conditions, and compensation applicable to wholesale demand response resource participation in organized wholesale energy, capacity, and ancillary service markets..