At the request of Rice Energy Marketing LLC, the Federal Energy Regulatory Commission (FERC), on Oct. 15, 2015, issued a Declaratory Order that clarified the extent to which releases of
Continue Reading FERC Clarifies Prohibition on Buy/Sell Arrangements
FERC
FERC ALJ Initial Decision Finds Manipulation in BP America, Inc., et al.
By Gregory K. Lawrence on
Posted in FERC
Initial Decision Overview
On May 15, 2014, FERC set a hearing to address whether BP violated FERC’s anti-manipulation rules and Section 4A of the NGA and to make certain factual…
Continue Reading FERC ALJ Initial Decision Finds Manipulation in BP America, Inc., et al.
FERC Assesses Penalties for Alleged No-Risk UTC Trading Against City Power and Its Founder
By Gregory K. Lawrence on
Earlier this month, the Federal Energy Regulatory Commission (FERC) issued an Order Assessing Civil Penalties against City Power Marketing, LLC (City Power) and its founder and sole owner, K. Stephen…
Continue Reading FERC Assesses Penalties for Alleged No-Risk UTC Trading Against City Power and Its Founder
FERC’s Reaction to CEQ’s Greenhouse Gas Guidance: For Now, Business as Usual
By Howard L. Nelson on
On June 23, 2015, the Federal Energy Regulatory Commission issued an Order Denying Rehearing of its earlier April 6, 2015 order, authorizing Sabine Pass Liquefaction, LLC to construct and operate…
Continue Reading FERC’s Reaction to CEQ’s Greenhouse Gas Guidance: For Now, Business as Usual
Performance Enhancement: FERC Approves Significant Restructuring of PJM’s Capacity Market
By Gregory K. Lawrence on
Posted in Energy
On June 9, 2015, theFederal Energy Regulatory Commission (FERC) conditionally approved significant reforms to PJM’s capacity market, implementing the Capacity Performance Resource product, with PJM’s compliance filing due within 30…
Continue Reading Performance Enhancement: FERC Approves Significant Restructuring of PJM’s Capacity Market
Performance Enhancement: FERC Approves Significant Restructuring of PJM’s Capacity Market
By Gregory K. Lawrence on
On June 9, 2015, the Federal Energy Regulatory Commission (FERC) conditionally approved significant reforms to PJM’s capacity market, implementing the Capacity Performance Resource product, with PJM’s compliance filing due within…
Continue Reading Performance Enhancement: FERC Approves Significant Restructuring of PJM’s Capacity Market
May 2015 Brings a Crop of FERC ‘Loophole’ Manipulation Civil Penalty Assessments
By Gregory K. Lawrence on
Posted in Energy, Federal Regulation
In May, two “loophole” penalty orders were issued regarding recent fraud and manipulation investigations conducted by the Federal Energy Regulatory Commission’s (FERC) Office of Enforcement (OE), which are discussed below.
Continue Reading May 2015 Brings a Crop of FERC ‘Loophole’ Manipulation Civil Penalty Assessments