The cost of GreenHat Energy’s default could rise by $250-$300 million if PJM is forced to unwind settlements of the financial transmission rights portfolio.

FERC Commissioner Cheryl LaFleur announced she was “no longer seeking” a third term and would leave the commission by the end of the year.

NERC has recommended a $10 million fine on an unidentified utility for repeated violations of critical infrastructure protection reliability standards over more than three years.

PJM must unwind five months of settlements for GreenHat Energy financial transmission rights that should have been liquidated sooner, FERC ruled.

A dangerous cold snap spurred a maximum generation event and knocked out power to MISO’s Carmel, Ind., offices on Wednesday.

FERC clarified a capacity supplier’s retirement bid can enter ISO-NE’s Forward Capacity Auction if the supplier demonstrates the bid is just and reasonable.

FERC rejected NEPOOL’s attempt to bar members of the press from membership, but left intact — for now, at least — rules barring reporting on proceedings.

PG&E confirmed they hope to rescind costly power purchase agreements and reform its obsolescent business model during bankruptcy.

An SPP group has been unable to reach a consensus on possible revisions to cost-allocation rules for wind-rich areas and may table their year-long review.

FERC said it shares authority with the federal court over any power purchase agreements Pacific Gas and Electric seeks to modify as part of its bankruptcy.