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Federal Energy Regulatory Commission

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Issue Date Subject of Investigation Description of Alleged Misconduct Dates of Alleged Misconduct
April 5, 2018* PSEG Energy Resources & Trade, LLC (PSEG ER&T) For certain units, PSEG ER&T submitted inaccurate cost-based bids into the PJM energy market which violated 1.2 and 6.4.2(a)(ii) of Schedule 1 of the PJM Operating Agreement and Attachment K-Appendix of the PJM Open Access
Transmission Tariff, and violated 18 C.F.R. 35.41(b), by making false and misleading statements to PJM when submitting those inaccurate cost-based bids.
Beginning as early as 2005 and continuing through March 2014

* Indicates that the investigation has been resolved through settlement.  See Civil Penalty Actions for more information.