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November 21, 2024
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FERC Proposes $6.8M Fine for CAISO Market Manipulation
Vitol Trader who Helped Create CAISO’s CRR Software Gamed System, FERC Says
Jul 15, 2019 | Hudson Sangree
FERC ordered Vitol and a senior trader to show cause why they should not be fined for manipulating CAISO’s market to limit losses on the company’s CRRs,
Energy MarketFERC & FederalFinancial Transmission Rights (FTR)Other CAISO CommitteesPublic Policy
KeywordsCalifornia Independent System Operator (CAISO)congestion revenue rights (CRRs)Federal Energy Regulatory Commission (FERC)FERC Office of Enforcementmarket manipulationVitol
Hudson Sangree
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