FERC Orders $230 Million In Penalties Against GreenHat, Related Parties '
FERC issued an order finding that, "GreenHat Energy, LLC (GreenHat), John Bartholomew, Kevin Ziegenhorn, and Andrew Kittell," engaged in a manipulativ...
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FERC Issues Show Cause Order To GreenHat With Proposed $229 Million Fine For Alleged 'Manipulation'
The Federal Energy Regulatory Commission (FERC) said in a May 20 news release that it ordered GreenHat Energy LLC and its owners to, "explain why they...
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FERC Rules That Entering Bilateral FTR Data Into PJM System Does Not Create A Separate Contract
FERC Rules That Entering Bilateral FTR Data Into PJM System Does Not Create A Separate Contract (Shell Petition)
Ruling on a petition from Sh...
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Shell Seeks FERC Relief From Claim Entering Bilateral FTR Data Into PJM Creates Separate Contract
In a petition for a declaratory order concerning Financial Transmission Rights in PJM related to the GreenHat Energy default, Shell Energy North A...
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Trader Files FERC Complaint Against PJM FTR Forfeiture Rule
XO Energy LLC filed at FERC a complaint against PJM Interconnection, L.L.C. alleging that the Financial Transmission Right (“FTR”) forfeiture rule (th...
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PJM Files Tariff Changes To Incorporate FTR Mark-to-Auction Provisions
PJM Interconnection, L.L.C. filed at FERC revisions to the PJM Open Access Transmission Tariff (“Tariff”) to incorporate Financial Transmission Rights...
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FERC Accepts FTR Tariff Revisions At PJM
FERC accepted tariff revisions from PJM that require defaulted FTR portfolios to go to settlement rather than being liquidated through auction.
The ...
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House Committee Hears Debating Testimony On Virtual Transactions, Financial Instruments In RTOs
The U.S. House of Representatives Energy Subcommittee yesterday heard testimony from various stakeholders debating the value of virtual trading, FTRs,...
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FERC Rejects Part of PJM Financial Transmission Rights Revenue Adequacy Proposal
FERC issued an order rejecting part of PJM's financial transmission rights revenue adequacy proposal
In an order issued December 28, 2015, the ...
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Direct Energy Warns Of New Unhedgeable Uplift From PJM Proposal Regarding FTR Underfunding
In comments to FERC, Direct Energy Business, LLC and Direct Energy Business Marketing, LLC warned that one of the proposals offered by PJM and certain...
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FERC Sets Date for Tech Conference on PJM Financial Transmission Rights Revenue Adequacy Proposal
FERC scheduled for February 4, 2016 a previously announced technical conference concerning tariff revisions filed by PJM to address revenue inadequacy...
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Retail Supplier Asks FERC To Direct PJM To Resolve Persistent FTR Underfunding
Direct Energy Business Marketing, LLC urged FERC to direct PJM to work with stakeholders to resolve persistent Financial Transmission Rights (FTR) und...
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