Federal Energy Regulatory Commission (Ferc)
JP Morgan deserved “a very severe penalty”, says Ferc chairman
Tougher enforcement stance is justified and paying dividends, claims Ferc chairman
Lawsuit threats cloud California cap-and-trade scheme
California is set to launch the world’s second-largest carbon market, but threats of litigation have kept many potential market participants sitting on the sidelines
Duke-Progress deal a win for alliances, nuclear power
The megamerger of Duke Energy and Progress Energy paves the way for more consolidation of US utilities and could boost the ‘nuclear renaissance’. Alexander Osipovich reports
JP Morgan probe highlights Ferc power trading crackdown
A lawsuit filed against JP Morgan by the Federal Energy Regulatory Commission is the latest example of the agency's tough, new enforcement stance
Exelon-Constellation merger edges closer to completion
On the back of further regulatory approvals, the creation of the largest competitive energy provider in the US is now looming ever closer
Ferc to re-examine wider impact of California power crisis
The Federal Energy Regulatory Commission has reopened a case concerning the impact of the 2000–01 California power crisis on the Pacific Northwest. Pauline McCallion reports
US power transmission rule satisfies the market, for now
Ferc’s new interstate transmission rule addresses regional planning and cost allocation concerns, but there could be more controversy to come. Pauline McCallion reports
US power bodies call for clarity on Dodd-Frank “swap” definition
More guidance is needed from the CFTC on the definition of a swap, according to Ferc and other industry associations concerned about regulatory overlap
Regulator strengthens enforcement authority
CFTC finalises new Dodd-Frank anti-manipulation rule but energy experts continue to question its value
FERC requirements “burdensome & potentially misleading”
A move to boost the electricity market’s transparency through additional data reporting has drawn criticism and raised questions about the FERC’s focus. Pauline McCallion reports
Report recommends ways to tackle energy market manipulation
A new report has suggested a framework for identifying market manipulation, arguing further clarity will boost market liquidity
Energy Risk USA: could anti-manipulation rule curb energy activity?
Dodd-Frank manipulation rules could “chill” energy market and boost regulatory infrastructure costs: ER USA panel
Will ruling create agreement on regulatory jurisdiction?
The FERC’s $30m fine for former a Amaranth trader has set a strong precedent for market manipulation cases, but regulatory overall jurisdiction remains unclear. Pauline McCallion reports
Sponsored Q&A: Accenture Risk Management
The Federal Energy Regulatory Commission (FERC) Orders will dictate change in the wholesale electricity markets this year, requiring all regional transmission organisations, independent system operators and participants to respond. Executive Director at…
CFTC regulators favour extending Dodd-Frank comment period
CFTC cost and timing concerns continue; FTRs and commodity forwards exempted from swaps definition
US: New shale gas options bring market changes and challenges
The shale production boom has changed the dynamics of the North American natural gas infrastructure grid. Pauline McCallion looks at the potential implications for hedging strategies
Ex-CFTC enforcement head: Dodd-Frank anti-manipulation standard unclear
Anti-manipulation proposal could be challenged if made law; former CFTC enforcement director calls for clear standard based on precedent
US power M&A: lively activity expected in 2011
Dynegy’s deal-making efforts may be floundering, but the outlook for the rest of the sector is that mergers and acquisitions activity will flourish in 2011, finds Pauline McCallion
US regulators turn light on rule-making and enforcement
As energy companies work to comply with a range of new industry rules, how can risk managers ensure a robust compliance regime that is in step with the changing regulatory environment? Pauline McCallion finds out
PJM addresses FERC credit concerns with new entity
PJM Settlement’s upcoming launch represents one US RTO’s attempt to address regulatory credit risk concerns, but others want a more diverse approach. Pauline McCallion reports
Demand response challenges
How will the integration of demand response initiatives affect the US power market? Ron McNamara, principal consultant at energy consultancy Utilicast and former managing director at energy trader Saracen Energy Partners, discusses how to integrate end…
New tool targets FERC enforcement actions
Database created by former FERC enforcement director aims to create more transparency around notices
Trading positions – August 2010
Energy Risk catches up with the latest appointments, promotions and departures in global commodity markets
Strategies for a greener US power market
Taking a more uniform approach to certain aspects of power market development in the US could help build a stronger, greener generation portfolio. Pauline McCallion finds out more