ERCOT Acknowledges Years of Rules Violations

ERCOT Acknowledges Years of Rules Violations

ERCOT inadvertently violated its own technical rules over the course of several years — including violations that potentially could have impacted power prices, according to new regulatory filings from the organization. Included in a Dec. 18 filing at the Texas Public...
$105 Million Settlement in Market Manipulation Case

$105 Million Settlement in Market Manipulation Case

$105 million — that’s how much Barclays Bank and several former energy traders will pay after being accused by federal regulators of improperly manipulating electric prices in California during 2006 and 2008. Although less than the $487.9 million originally sought,...