REDUCE Act

Bill: 118-hr-8523
Sponsor: full_name: Rep. Casten, Sean [D-IL-6]
Introduced: 2024-05-23
Policy area: Energy
Latest action: action_date: 2024-05-31
text: Referred to the Subcommittee on Innovation, Data, and Commerce.

Summaries:

tv_txt: I 118th CONGRESS 2d Session H. R. 8523 IN THE HOUSE OF REPRESENTATIVES May 23, 2024 Mr. Casten (for himself, Mr. Levin , Ms. Bonamici , Mr. Krishnamoorthi , and Mr. Tonko ) introduced the following bill; which was referred to the Committee on Energy and Commerce A BILL To require Transmission Organizations to allow bids from aggregators of certain retail customers, and for other purposes.

1. Short title This Act may be cited as the Responsive Energy Demand Unlocks Clean Energy Act or the REDUCE Act . 2. Aggregator bidding into organized power markets (a) In general Notwithstanding any prohibition established by State law or a State commission (as such term is defined in section 3(15) of the Federal Power Act ( 16 U.S.C. 796(15) )) 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 prohibition, allow aggregators of retail customers to submit bids that aggregate demand flexibility of the customers of utilities that distributed more than 4 million megawatt-hours in the previous fiscal year. (b) Rulemaking Not later than 12 months after the date of enactment of this section, the Federal Energy Regulatory Commission shall promulgate a final rule pursuant to subsection (a).