Ohio court ruling could disrupt FERC’s efforts to police power markets

摘要

A US federal district court judge in Ohio ruled Nov. 29 that the courtlacks authority to enforce two key mechanisms used by the FederalEnergy Regulatory Commission to punish power market participantsfor market manipulation.“This poses more questions for practitioners than it resolves,”Todd Mullins, a former branch chief in FERC’s Division of Investigations,said in an interview. “I suspect that lawyers on both sides of thecaption are scratching their heads a little bit this week.”