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FERC Orders Power Generator to Pay $5M for Market Manipulation Scheme

机译:FERC责令发电机支付500万美元用于市场操纵计划

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摘要

In a 65-page decision issued on Friday, FERC ordered Calgary-based Maxim Power Corp. to pay a $5 million penalty for manipulating New England power markets in 2010 by falsely selling electricity at oil-generated rates instead of charging for the lower-cost natural gas it was burning. Commissioners also ordered Maxim marketing analyst Kyle Mitton to pay $50,000 for his role in offering the power at oil-generated rates from the company’s Pittsfield, MA, plant to grid operator ISO New England Inc.
机译:在周五发布的长达65页的裁决中,FERC命令总部位于卡尔加里的Maxim Power Corp.因虚假以石油价格出售电力而不是收取较低的费用而操纵电力,从而在2010年操纵新英格兰电力市场而受到500万美元的罚款。它正在燃烧的天然气。委员们还命令Maxim的市场分析师Kyle Mitton支付50,000美元,以使其以石油发电的价格从马萨诸塞州的Pittsfield工厂提供给电网运营商ISO New England Inc.。

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