FERC gives Emera reduced fine for fuel price-setting process

摘要

Emera Energy agreed to pay a reduced civil penalty to the FederalEnergy Regulatory Commission after self-reporting that it justifiedseeking higher fuel price payments for a power plant in the ISO NewEngland footprint by relying upon price offers an affiliated natural gastrading desk posted to Intercontinental Exchange.FERC alleged this violated a provision of ISO-NE’s tariff rulesrequiring companies support a request to exceed the independentmarket monitor fuel-cost calculations by offering evidence that reflects“an arm’s length transaction,” according to an order issued January 10.