FERC Office of Enforcement
FERC ordered Footprint Power to refute a finding that the company violated ISO-NE Tariff rules by filing “false and misleading supply offers.”
It’s been 10 years since FERC revised its enforcement policy guidelines, and two former commission attorneys think it might be time for a check-up.
The energy trading arm of Public Service Enterprise Group (PSEG) agreed to pay $39.4 million to settle a FERC investigation into violations of PJM energy market bidding rules over 9 years.
ETRACOM agreed to pay $1.9 million to settle allegations that it manipulated CAISO markets in a scheme that netted the company $315,000 in profits.
The FERC Office of Enforcement opened 27 investigations in fiscal year 2017, 10 more than the year before, according to its 11th annual report.
FERC agreed to sharply reduce the penalty Barclays Bank must pay to settle claims that it manipulated Western electricity markets a decade ago.
ATC agreed to pay a fine and undergo a year of monitoring after failing to report more than 60 agreements and transactions to FERC over the past 16 years.
Westar will pay a penalty of $180K for submitting inaccurate mitigated energy offer curves to SPP under a settlement with FERC’s Office of Enforcement.
K. Stephen Tsingas and his City Power Marketing agreed to a $11.7 million settlement with FERC's Office of Enforcement over market manipulation allegations.
Maxim Power has closed a deal to sell its U.S. subsidiary and its five plants, concluding a two-year effort to stave off threats to the company’s survival.
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