Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
May 10, 2012 |
referred to energy and telecommunications |
Senate Bill S7415
2011-2012 Legislative Session
Sponsored By
(R) Senate District
Archive: Last Bill Status - In Senate Committee Energy And Telecommunications Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
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- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
2011-S7415 (ACTIVE) - Details
2011-S7415 (ACTIVE) - Sponsor Memo
BILL NUMBER:S7415 TITLE OF BILL: An act to amend the public service law, in relation to providing oversight and monitoring the operations of an independent system operator PURPOSE: To provide oversight and monitoring of the operations of an independent system operator. SUMMARY OF PROVISIONS: Section one of the bill defines an independent system operator, its board members, requires disclosure of information it must make available to the public, the appointment of a consumer liaison, and makes it subject to the open meetings law. Section 2 of the bill amends the public service law in relation to an independent system operator. Section 3 is the effective date. JUSTIFICATION: Many of the decisions that govern the sale, purchase and transmission of electricity in New York State are made by a federally approved independent system operator with limited input from New York
2011-S7415 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 7415 I N S E N A T E May 10, 2012 ___________ Introduced by Sen. MAZIARZ -- read twice and ordered printed, and when printed to be committed to the Committee on Energy and Telecommuni- cations AN ACT to amend the public service law, in relation to providing over- sight and monitoring the operations of an independent system operator THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. 1. Definitions. For the purposes of this section, the terms: a. "independent system operator" shall mean any not-for-profit corpo- ration formed and operating in the state of New York that is approved by the United States federal energy regulatory commission to operate in the state to administer and monitor wholesale electricity markets. b. "end use sector member" shall mean any entity that purchases elec- tricity for its own consumption and not for resale. 2. Board members. The board of directors of the independent system operator shall include three members who shall represent the interests of small business owners and farmers. The governor, the speaker of the assembly and the temporary president of the senate shall each appoint one such member. 3. Disclosure of information. a. An independent system operator oper- ating in this state shall disclose price data related to its wholesale market operations including, but not limited to, information on real- time, hour-head and day-ahead bids in the independent system operator's wholesale electricity market auctions, transmission congestion contract auctions and installed capacity market auctions with no more than a three month delay. Such data shall be provided in aggregate hourly, daily, monthly, annual and historical data sets for comparison purposes and shall also reflect seasonal and peak load variations and averages. b. The independent system operator shall also disclose the names of any bidder that submits a bid in any of the auctions described in para- graph a of this subdivision and the amount of the bid. c. Such information shall be made in a format readily available and accessible to the public. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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