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FERC finds that private complainants failed to prove market manipulation in capacity market

11 May 2011

Energy Alert

On May 6, 2011, the Federal Energy Regulatory Commission (FERC) issued Opinion No. 513, an order affirming an Administrative Law Judge's finding that the Attorney General of Connecticut, the Connecticut Department of Public Utility Control, and the Connecticut Office of Consumer Counsel (Complainants), failed to show that Brookfield Energy Marketing Inc., Constellation Energy Commodities Group, Inc., and Shell Energy North America (US), L.P. (Respondents) engaged in market manipulation during the "Transition Period" leading up to the implementation of the ISO-NE Forward Capacity Market.

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