ComEd Agrees to $200M Fine on Federal Bribery Charge The Chicago-area utility has struggled with key clean-energy and grid-modernization plans amid a scandal. Illinois utility Commonwealth Edison has agreed to pay a $200 million fine in relation to a federal investigation over bribery charges that have cast a shadow over its policy efforts in the … Continue reading #ComEd Agrees to $200M Fine on Federal Bribery Charge
FERC and Power Marketer GSEMNA Reach $80 Million Enforcement Settlement over Alleged Market Manipulation On February 1, 2017 FERC issued an order approving a settlement between its Office of Enforcement (“Enforcement”) and Houston-based power marketer GDF SUEZ Energy Marketing NA, Inc. (“GSEMNA”) following an investigation into whether GSEMNA violated FERC’s anti-manipulation regulations from May 2011 … Continue reading FERC and Power Marketer #GSEMNA Reach $80 Million Enforcement Settlement over Alleged #Market_Manipulation
FERC Approves Largest Enforcement Settlement In Nearly Four Years On February 1, 2017, the Federal Energy Regulatory Commission (FERC or the “Commission”) approved a settlement agreement between its Office of Enforcement (Enforcement) and GDF SUEZ Energy Marketing NA, Inc. (GSEMNA) resolving Enforcement’s investigation into whether GSEMNA violated the Commission’s Anti-Manipulation Rule. To resolve the matter, … Continue reading FERC Approves Largest Enforcement Settlement In Nearly Four Years
FERC Proposes $2.4 Million Civil Penalty for CAISO Power Trading Activities On December 16, 2015, the Federal Energy Regulatory Commission (FERC or the Commission) issued an Order to Show Cause and Notice of Proposed Penalty (OSC) directing ETRACOM LLC and its principal member and trader, Michael Rosenberg, to show cause why they should not be … Continue reading FERC Proposes $2.4 Million Civil Penalty for CAISO Power Trading Activities
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