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April 27, 2024
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FERC Levies $242M in Fines on GreenHat, Owners
<p>GreenHat listed its address as 826 Orange Ave., Suite 565, Coronado, Calif. — a UPS store between a nail salon and a RiteAid.</p>

GreenHat listed its address as 826 Orange Ave., Suite 565, Coronado, Calif. — a UPS store between a nail salon and a RiteAid.

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FERC determined that GreenHat Energy and its owners violated the Federal Power Act by “engaging in a manipulative scheme” in PJM’s FTR market.
FERC & FederalFinancial Transmission Rights (FTR)PJMPublic Policy