In an effort to ease the growing uproar regarding the issuance of its March 18, 2010 Policy Statement on Penalty Guidelines (“Policy Statement”), the Federal Energy Regulatory Commission (“FERC” or the “Commission”) on April 15, 2010, announced that it will suspend the application of its Policy Statement and give interested entities a broader opportunity to comment before issuing a final order and putting the guidelines into effect. [Read more →]

On April 15, 2010, FERC issued an Order on Clarification denying a request that the Commission interpret its market-based rate affiliate restrictions to permit sharing of employees who are neither transmission function employees nor marketing function employees.  FERC also issued a Notice of Proposed Rulemaking (“NOPR”) proposing a revision to the market-based rate affiliate restrictions to reflect the clarification provided in its Order on Clarification. [Read more →]

On April 15, 2010 the Division of Energy Market Oversight from the Office of Enforcement presented their State of the Markets Report 2009 (the “Report”) at the FERC monthly meeting.  [Read more →]

On March 26, 2010, the Western Electricity Coordinating Council (“WECC”) Board of Directors approved their strategic plan for 2010-2012.  The plan announced four strategies and seventeen corresponding action priorities WECC will use to achieve their objectives in the upcoming years. [Read more →]