FERC fines Salem Harbor $17M for capacity market fraud

FERC investigation finds ISO-NE unaware of plant’s fraud scheme

Salem Harbor Power Development, a natural gas-fired power plant located near Boston, has been ordered to pay a civil penalty of $17 million to the U.S. Department of the Treasury for misleading ISO New England (ISO-NE), according to a filing today by the Federal Energy Regulatory Commission’s Office of Enforcement (FERC OE). Salem Harbor, formerly […]

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