PJM’s lax credit policy allowed Greenhat Energy, whose traders had a history of market manipulation, to run up as much as $140 million in FTR losses.

FERC’s Office of Enforcement urged the commission to withdraw its show cause order alleging that the operators of the Salem Harbor plant misled ISO-NE.

ETRACOM agreed to pay $1.9 million to settle allegations that it manipulated CAISO markets in a scheme that netted the company $315,000 in profits.

FERC said that a preliminary investigation indicates that PSEG committed multiple violations of PJM market-bidding rules and made “false and misleading statements” to RTO staff.

Stakeholders denied four proposals to revise PJM’s rules on evaluating designated market paths for energy sales coming into the RTO.

A federal judge last week handed FERC another defeat in its battles with traders over how courts review market manipulation allegations.

FERC agreed to sharply reduce the penalty Barclays Bank must pay to settle claims that it manipulated Western electricity markets a decade ago.

SPP’s Board of Directors approved a cleanup of Tariff language that just may have put the RTO’s troublesome Z2 process in the rearview mirror.

FERC rejected SPP’s request to remove its day-ahead must-offer requirement, saying the RTO had not provided “sufficient support” for the Tariff revisions.

K. Stephen Tsingas and his City Power Marketing agreed to a $11.7 million settlement with FERC's Office of Enforcement over market manipulation allegations.