Reliable Power Act

Improved Power Reliability Assessment: The ERO will conduct an annual long-term assessment that analyzes the ability of the bulk-power system to supply enough electric energy, considering things like resource mix and demand trends (Section 2, amending Section 215(g)).

Risk Mitigation for Weather Events: The bill requires an analysis of risks regarding future electric energy supply shortfalls during both normal and extreme weather conditions (Section 2, amending Section 215(g)).

Proactive Identification of Power Needs: The assessment includes a determination of whether more generation resources are needed to keep the system reliable during the assessment period (Section 2, amending Section 215(g)).

Regulatory Oversight of Energy Impacts: The Commission can provide comments on agency actions, which can include an assessment of how those actions affect rates, terms, and conditions for services (Section 2, amending Section 215(h)(3)).

Prevention of Reliability Issues: The Commission can provide recommendations for modifications to agency actions to prevent significant negative impacts on the bulk-power system's ability to supply sufficient electric energy (Section 2, amending Section 215(h)(3)).

Increased Regulatory Requirements for Agencies: Federal agencies must provide covered agency actions to the Commission for review and comment upon certain dates or within 90 days of publication (Section 2, amending Section 215(h)(2)).

Mandatory Written Explanations: Agency heads cannot finalize certain actions until they respond in writing to the Commission explaining how they modified an action or why they chose not to modify it (Section 2, amending Section 215(h)(4)).

New Constraints on Finalizing Actions: An agency head may not finalize a covered agency action until the Commission finds that the action is unlikely to have a significant negative impact on the bulk-power system's ability to supply sufficient electric energy (Section 2, amending Section 215(h)(4)).