TC Ravenswood, LLC v. FERC

Petitioners, owners and operators of electrical power generation facilities, challenged several of the Commission's orders relating to the creation of the 2011-2014 "demand curves." NYISO holds monthly auctions to set the price of electrical power capacity in New York utilizing administratively determined demand curves. The court concluded that the Commission reasonably imposed the maximum suspension period; the Commission did not act arbitrarily by ignoring petitioners' argument that the Compliance Curves would necessarily exceed the Proposed Curves; the Commission did not exceed its section 205(e) authority under the Federal Power Act, 16 U.S.C. 824d(e), by suspending the Proposed Rates for longer than the five-month statutory maximum when it accepted the NYISO's voluntarily decision to delay implementation of the new curves; and the court rejected petitioners' challenge to the Commission's approval of NYISO's March 28 filing. The court also rejected petitioners' challenge to several technical aspects of the proposed curves. Accordingly, the court denied the petitions for review. View "TC Ravenswood, LLC v. FERC" on Justia Law