,,ii  #aadth ,,congress  #ast ,session  
,s4 #abgb  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,may #aa1 #bjae
 ,mr4 ,markey 7for himself and ,ms4     
,warren7 introduced the following bill2 
which was read twice and referred to the
 ,committee on ,energy and ,natural     
,resources  ,a ,,bill  ,to direct the   
,comptroller ,general of the ,united    
,states to conduct a study on the       
effects of forward capacity auctions and
 other capacity mechanisms4  #a4 ,,gao  
,capacity market impact study and report
 ,not later than #ahj days after the    
date of enactment of this ,act1 the     
,comptroller ,general of the ,united    
,states shall--  7#a7 conduct a study of
 the effects of forward capacity        
auctions or other capacity mechanisms   
that have been established by           
,independent ,system ,operators or      
,regional ,transmission ,organizations  
on--  7,a7 consumer prices for          
electricity2  7,b7 the installation of  
new electrical generation systems2  7,c7

 the preservation of existing electrical
 generation systems2 and  7,d7          
competition in energy markets1 including
 the potential for the use of undue     
market power or manipulation in the     
auctions2 and  7#b7 submit to the       
appropriate committees of ,congress a   
report describing the results of the    
study conducted under paragraph 7#a71   
including an assessment of whether the  
auctions or capacity mechanisms are     
producing rates that are just and       
reasonable4