market manipulation

CAISO Wasn’t Gamed in Blackouts, Watchdog Finds
CAISO’s Market Monitor found no evidence of market manipulation or strategic outages during the rolling blackouts of mid-August.
CAISO Governors Say Hello, Goodbye
The CAISO Board of Governors bid farewell to its retired CEO, greeted a new leader and approved a plan to implement FERC Order 831.
MISO, Monitor Strengthening Mitigation Measures
MISO and its Monitor are making several changes to market mitigation procedures — most of which will increase the IMM’s authority to mitigate and penalize.
FERC Proposes $6.8M Fine for CAISO Market Manipulation
FERC ordered Vitol and a senior trader to show cause why they should not be fined for manipulating CAISO’s market to limit losses on the company’s CRRs,
PJM, IMM Subpoenaed in Coaltrain UTC Scam case
PJM and its Monitor must turn over a trove of documents stemming from allegations of manipulation against now-defunct Coaltrain Energy.
Google
Doubling Down – with Other People’s Money
PJM’s lax credit policy allowed Greenhat Energy, whose traders had a history of market manipulation, to run up as much as $140 million in FTR losses.
Tetra Tech
FERC Walks Back Salem Harbor Manipulation Case
FERC’s Office of Enforcement urged the commission to withdraw its show cause order alleging that the operators of the Salem Harbor plant misled ISO-NE.
© 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.
PSEG
FERC Investigation Shows PSEG Violated PJM Bidding Rules
FERC said that a preliminary investigation indicates that PSEG committed multiple violations of PJM market-bidding rules and made “false and misleading statements” to RTO staff.
© RTO Insider
PJM Stakeholders Decline to Change Market Path Rules
Stakeholders denied four proposals to revise PJM’s rules on evaluating designated market paths for energy sales coming into the RTO.

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