"Focus Energy" piece on three Maine companies that have been accused by the Fede

Source

Mainebiz

Date

9-3-2012

Pages

24-26

Abstract

"Focus Energy" piece on three Maine companies that have been accused by the Federal Energy Regulatory Commission (FERC) of market manipulation. FERC has charged Lincoln Paper & Tissue, the Rumford Paper Co., and Competitive Energy Services, along with energy consultant Richard Silkman, with defrauding a program designed to encourage energy conservation through a maneuver called demand response. In a demand response situation, a company can reduce the number of megawatts they use during a certain period for a fee. According to FERC, these companies pretended to reduce their energy consumption under the demand-response system without actually doing so. All of the accused deny the charges, claiming that if any fraud occurred, it was unintentional and a result of confusion and errors inherent in the program.

Subjects

Energy conservation, Actions and defenses, United States Federal Energy Regulatory Commission, Lincoln Paper & Tissue Co, Rumford Paper Company Rumford, Competitive Energy Services, Competitive Energy Services, Silkman, Richard

Full text is not available here. Please contact the Library for a copy of the article.

Share

COinS