Nov 13, 2017 | Legislative Watch
$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,...
Sep 10, 2015 | Legislative Watch
By Chris Brewster Each year, the ERCOT market’s Independent Market Monitor, or IMM, publishes a “State of the Market Report” for the previous year. The IMM is an office intended to act as an independent “watchdog” over the wholesale electric market. This role...
Jun 23, 2014 | Legislative Watch
The “small fish swim free” rule — a controversial regulation that critics say could leave the door open to manipulation of the Texas energy market — lives on. By a 3-0 vote last week, members of the Texas Public Utility Commission rejected a request to nullify the...
Apr 28, 2014 | Legislative Watch
An electric generation company may have improperly manipulated the Texas energy market for financial gain, according to a federal lawsuit filed in Houston. GDF Suez, a Houston-based generator with facilities around the state, is accused of intentionally withholding...
