In a settlement stipulation filed with the FERC, PPL Montana acknowledges that it manipulated markets during the so-called California Energy Crisis in 2000 & 2001, and will pay $27 million in total fines. The settlement must still be approved by the FERC.
Wow.
Showing posts with label PPL. Show all posts
Showing posts with label PPL. Show all posts
Thursday, January 27, 2011
Monday, September 27, 2010
SMG&T's FERC complaint on Transmission Costs
Details below, but SMG&T and NorthWestern Energy are now embroiled with FERC over whether SMG&T understood how to reserve transmission. If SMG&T misread their contract, and failed to understand what they committed to in 2005 during a rush to secure markets for excess energy from Highwood, it could mean a $53 million dollar liability for the facility.
Background
In late August, Southern Montana Electric Generation & Transmission Cooperative, filed a complaint against NorthWestern Energy alleging violation of their open access transmission policies and relevant FERC Orders. The complaint revolved around particular reservation for transmission capacity, a 65 MW request, which was placed in 2005 and went live this spring. That capacity, as SMG&T details, was necessary for the sale of excess generation from their now defunct coal version of the Highwood Generation Station.
According to SMG&T's filing, the request carries an economic value of approximately $53 million. NorthWestern Energy recently posted their response, and PPL has requested intervenor access in the docket. The entire affair is docketed at EL10-82 on the FERC website.
Watch this blog for more updates.
Background
In late August, Southern Montana Electric Generation & Transmission Cooperative, filed a complaint against NorthWestern Energy alleging violation of their open access transmission policies and relevant FERC Orders. The complaint revolved around particular reservation for transmission capacity, a 65 MW request, which was placed in 2005 and went live this spring. That capacity, as SMG&T details, was necessary for the sale of excess generation from their now defunct coal version of the Highwood Generation Station.
According to SMG&T's filing, the request carries an economic value of approximately $53 million. NorthWestern Energy recently posted their response, and PPL has requested intervenor access in the docket. The entire affair is docketed at EL10-82 on the FERC website.
Watch this blog for more updates.
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