FERC Office of Enforcement
Coaltrain Energy agreed to pay $4 million in disgorged profits to resolve a FERC investigation into accusations that the company engaged in market manipulation.
Fletcher, CC BY-SA 4.0, via Wikimedia Commons
ISO-NE violated its tariff in its handling of construction delays at a Boston-area generating plant, FERC said, slapping the RTO with a $500,000 fine.
CPower has agreed to a $2.5 million penalty after FERC's enforcement division found the company took capacity payments in violation of ISO-NE rules.
The principals of GreenHat Energy will pay PJM $1.4 million to settle claims over the company’s FTR market default, which cost members nearly $180 million.
FERC approved an agreement between Dynegy and its Office of Enforcement to settle allegations that the company misrepresented its plants' ramp rates to PJM.
Constellation NewEnergy has agreed to pay $4.7 million in penalties for violating CAISO tariff provisions related to imports intended for resource adequacy.
FERC approved a consent agreement between its Office of Enforcement and Golden Spread Electric Cooperative over charges of market manipulation.
Activity at FERC’s Office of Enforcement opened 12 new investigations and settled nine pending ones for about $7.9 million in fiscal 2021.
FERC determined that GreenHat Energy and its owners violated the Federal Power Act by “engaging in a manipulative scheme” in PJM’s FTR market.
The estate of GreenHat owner Andrew Kittell moved that FERC drop its enforcement action and investigate two of its employees for improper communication.
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