TITLE: Relating to the disclosure of electricity generation offers received by ERCOT.

SUMMARY: Relating to the disclosure of electricity generation offers received by ERCOT.

FULL TEXT:
AN ACT 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.