[Congressional Record Volume 170, Number 90 (Thursday, May 23, 2024)]
[Senate]
[Page S3886]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
By Mr. DURBIN:
S. 4411. A bill to require Transmission Organizations to allow
aggregators of retail customers to submit to organized wholesale
electric markets bids that aggregate demand flexibility of customers of
certain utilities, and for other purposes; to the Committee on Energy
and Natural Resources.
Mr. DURBIN. Madam President, I ask unanimous consent that the text of
the bill be printed in the Record.
There being no objection, the text of the bill was ordered to be
printed in the Record, as follows:
S. 4411
Be it enacted by the Senate and House of Representatives of
the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Responsive Energy Demand
Unlocks Clean Energy Act'' or the ``REDUCE Act''.
SEC. 2. AGGREGATOR BIDDING INTO ORGANIZED POWER MARKETS.
(a) In General.--Notwithstanding any prohibition
established by State law or a State commission (as defined in
section 3 of the Federal Power Act (16 U.S.C. 796)) with
respect to who may bid into an organized wholesale electric
market, each Transmission Organization shall, consistent with
any applicable market rules that do not establish such a
prohibition, allow aggregators of retail customers to submit
bids that aggregate demand flexibility of customers of
utilities that distributed more than 4,000,000 megawatt-hours
in the previous fiscal year.
(b) Rulemaking.--Not later than 1 year after the date of
enactment of this Act, the Federal Energy Regulatory
Commission shall issue a rule to carry out the requirements
of subsection (a).
______