FERC has an active near-term agenda addressing important electrical issues through upcoming technical conferences, Notices of Proposed Rulemaking (NOPR), and Notices of Inquiry (NOI). We provide below a brief “menu”
Continue Reading FERC’s Near-Term Electricity Menu: Actively Exploring and Tinkering
Gregory Lawrence
FERC Clarifies Prohibition on Buy/Sell Arrangements
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…
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FERC ALJ Initial Decision Finds Manipulation in BP America, Inc., et al.
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
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…
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Performance Enhancement: FERC Approves Significant Restructuring of PJM’s Capacity Market
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…
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May 2015 Brings a Crop of FERC ‘Loophole’ Manipulation Civil Penalty Assessments
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