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November 27, 2024

FERC Office of Enforcement

Tetra Tech
Salem Harbor Plant Facing FERC Action
FERC ordered Footprint Power to refute a finding that the company violated ISO-NE Tariff rules by filing “false and misleading supply offers.”
Time for New FERC Enforcement Rules?
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.
PSEG to Pay $39.4M to Settle FERC Investigation
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.
© RTO Insider
ETRACOM Pays $1.9M Fine for CAISO Manipulation
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.
Investigations up Sharply in FY 2017, FERC Report Shows
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 Settlement Cuts Barclays Market Manipulation Fine
FERC agreed to sharply reduce the penalty Barclays Bank must pay to settle claims that it manipulated Western electricity markets a decade ago.
Mortenson Construction
ATC Fined over Improper FERC Reporting
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 Agrees to Penalty for Violating SPP’s Tariff
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.
UPDATED: Trader Agrees to Pay $2.7M in Win for FERC
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 Sells US Assets to Hull Street Energy
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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