September 30, 2014
Rejecting Concerns from Retail Suppliers, FERC Approves Settlement Foregoing $10 Million Originally Ordered to be Repaid to Market from Trader
FERC has approved a settlement between DC Energy, LLC, Scylla Energy LLC, and PJM resolving disputes concerning the application of deviation charges to internal bilateral transactions (IBTs) that waives payment of $10 million of the amount originally ordered to be paid by certain market participants…