May 20, 2025

GenOn fined $390,000 for PJM market violations

GenOn Holdings Inc. faces FERC penalties for inaccurate energy market offers in PJM Interconnection.

Penalty Imposed: FERC imposed a civil penalty of $390,000 and $172,306 in disgorgements against GenOn Holdings Inc. for violating PJM Interconnection LLC's market rules, per the terms of a May 20 order. Genon neither admits nor denies the violations. Administrative Oversight: GenOn submitted inaccurate supply offers for eight of its power plants between August 2021 and March 2022, resulting from ...

Details:

Filing Date: May 20, 2025

Docket Numbers:

IN25-3

Short Summary:

FERC imposed a $390,000 fine and $172,306 in disgorgements against GenOn Holdings Inc. for violating PJM Interconnection LLC’s market rules, per the terms of a May 20 order. Genon neither admits nor denies the violations.

Impact Level:

Categories:

Investigations & Enforcement

Tags: Capacity Market, Disgorgements, Market Misconduct, Market Penalties, Market Power Investigation

Entities: GenOn Holdings Inc., Independent Market Monitor

Markets: PJM Interconnection (PJM)

Regions: Mid-Atlantic & Midwest

States:

Regulators: FERC

Courts:

Documents:

Consent Agreement – Order Approving