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FERC Issues Staff Notice of Violation Against Power Trader

FERC issued a Staff notice alleging that, "a formal, nonpublic investigation pursuant to 18 C.F.R. Part 1b, the staff of the Office of Enforcement of the Federal Energy Regulatory Commission (Commission) has preliminarily determined that Twin Cities Power-Canada, U.L.C. and certain affiliated…

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Merchant Generator in PJM Over-Collected Cost-Based Revenues

PSEG reported yesterday in releasing earnings that its PSEG Power merchant generation business, "has discovered that it incorrectly calculated certain components of its cost-based bids for certain generating units in the PJM energy market, with resulting over-collection of revenues related to its…

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Wholesale News (Page 32) | EnergyChoiceMatters.com