Norman Bay
The Gates brothers, accused of gaming up-to-congestion trades in PJM, abruptly ended their public relations campaign against FERC last week.
A senior-level retirement has given Cheryl LaFleur an opportunity to put her stamp on FERC during her brief chairmanship.
With a disruptive confirmation process behind her, FERC Chairman Cheryl LaFleur said she believes morale at the agency is improving.
FERC staff issued a Notice of Alleged Violation last week against traders who exploited a loophole in PJM UTC trades in a case that will likely go to court.
Just days after Norman Bay was sworn in as FERC’s fifth member, Democrat John Norris announced he will resign his position almost three years early.
After nearly four years of investigation, FERC publicly accused an energy trading firm of market manipulation in a case that dogged enforcement chief Norman Bay through his confirmation as commissioner.
Members of FERC last week revealed differences over the impact of the EPA’s proposed carbon emission rule but declined to endorse climate change skeptics’ do-nothing strategy.
Commissioner Norman Bay will succeed Cheryl LaFleur as FERC's chairman on April 15, 2015, President Obama said.
After a year of political wrangling, FERC finally has its fifth commissioner. But uncertainty will linger for months at the agency due to Norman Bay’s lack of a policy record and the unprecedented compromise that won his confirmation.
The Senate today narrowly confirmed Norman Bay to the Federal Energy Regulatory Commission while easily approving a new term for acting chair Cheryl LaFleur.
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