Penalty Predictability

Deck: 

Bringing fairness to FERC enforcement.

Fortnightly Magazine - July 2010
This full article is only accessible by current license holders. Please login to view the full content.
Don't have a license yet? Click here to sign up for Public Utilities Fortnightly, and gain access to the entire Fortnightly article database online.

Seeking to add consistency, transparency, and fairness to its enforcement process, the Federal Energy Regulatory Commission (FERC) proposed civil penalty guidelines in its March 18, 2010, interim policy statement for organizations violating statutes, orders, rules, regulations, and tariffs that FERC oversees.1 Initially effective on issuance but then suspended to allow for public comment,2 the proposed guidelines would improve the predictability of FERC’s exercise of its penalty-making powers over the natural gas pipeline and electric utility industries, which powers were expanded substantially by Congress in 2005.

This full article is only accessible by current license holders. Please login to view the full content.
Don't have a license yet? Click here to sign up for Public Utilities Fortnightly, and gain access to the entire Fortnightly article database online.