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FERC settlement puts battery market conduct under a brighter spotlight
Key Takeaways
- Terra-Gen will pay $5.6 million under a FERC-approved settlement
- Regulators alleged the company avoided costly battery charging obligations during high-price periods
- The company admitted a duty of candor violation but neither admitted nor denied anti-manipulation allegations
- The case signals tighter scrutiny of battery behavior in wholesale power markets
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DT Editorial Team··via utilitydive.com