FERC Office of Enforcement
FERC finalized new mandatory reliability standards aimed at ensuring utilities do not cut off power to critical natural gas infrastructure during cold weather events.
FERC approved the return of $13.6 million in penalties it had collected from BP over a case of alleged manipulation of Houston Ship Channel natural gas prices after Hurricane Ike in 2008.
FERC approved a $150,000 civil penalty on Black Hills Corp. and three subsidiaries for failing to timely file 103 jurisdictional agreements.
FERC's latest enforcement report detailed one closed investigation into manipulation during Winter Storm Uri, but other nonpublic probes continue.
FERC fined independent power producer AES $6 million for failing to fulfill RA obligations related to eight of the company’s 12 generating units operating in Southern California.
FERC has approved a $21 million settlement over an Arkansas steel mill’s yearslong failure to reduce load as a registered demand response resource in MISO.
FERC approved an $11 million fine for BP America that closes an investigation into natural gas price manipulation dating back to Hurricane Ike in 2008.
FERC approved settlements with two demand response aggregators for allegedly bidding more resources than they could provide to CAISO’s market.
FERC’s enforcement powers have been impacted by recent court cases, and the commission itself has some new priorities, experts said at an EBA panel Friday.
FERC approved 11 settlements that resulted in market participants paying a total of about $57.52 million in penalties and disgorgements for alleged violations.
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