FERC Levies a Civil Penalty of $722,000 and a Disgorgement of $259,669 for Capacity Market Tariff Violation
Summary of NERC Penalties
REGION | WHEN? | ENTITY | COMPLIANCE AREA | VIOLATION | REASON | PENALTY AMOUNT |
|---|---|---|---|---|---|---|
ISO-NE | Quarter 1 - October 2025 | EWP Renewable Corporation | ISO-NE Tariff Provisions | ISO-NE Transmission, Markets, and Services Tariff and 18 C.F.R. § 35.41(a) violations | Springfield Power, LLC (Springfield) failed to operate and schedule the Hemp Hill plant per ISO-NE Tariff, causing tariff violations, compliance gaps, and financial discrepancies during the period. | $722,000 |
ISO-NE | Quarter 1 - October 2025 | EWP Renewable Corporation | ISO-NE Tariff Provisions | ISO-NE Transmission, Markets, and Services Tariff and 18 C.F.R. § 35.41(a) violations | Springfield Power, LLC (Springfield) failed to comply with ISO-NE Tariff by not offering, operating, and scheduling the Hemp Hill plant as required, resulting in financial inconsistencies. | $259,669 |
Summary:
FERC approved a Stipulation and Consent Agreement between the Office of Enforcement and EWP Renewable Corporation (EWP). The Agreement resolves Enforcement’s investigation into whether EWP’s subsidiary operating company, Springfield Power, LLC (Springfield), violated the ISO-New England, Inc. (ISO-NE) Transmission, Markets, and Services Tariff and 18 C.F.R. § 35.41(a) while participating in the ISO-NE capacity market on certain days between November 2019 and August 2020. EWP stipulates to the facts set forth in Section II of the Agreement, but neither admits nor denies the alleged violations in Section III of the Agreement. EWP agrees to: (a) disgorge $259,669 to ISO-NE, inclusive of interest; (b) pay a civil penalty of $722,000 to the United States Treasury; and (c) submit an annual compliance monitoring report to Enforcement for one year with a second year at Enforcement’s discretion.
Additional Discussion:
Enforcement Determination
FERC Enforcement determined that during the Relevant Period, Springfield violated provisions of the ISO-NE Tariff1 and 18 C.F.R. § 35.41(a) by failing to offer, operate and schedule the Hemp Hill plant consistent with the Tariff.
Associated Files: 20241223-189FERC61233-IN24-12-000-EWP Renewable Corp-Settlement Agreement
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