Lincoln Paper and Tissue fight against federal energy agency fines strengthened by court ruling

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Lincoln Paper and Tissue fight against federal energy agency fines strengthened by court ruling

June 24, 2014 - 10:22
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PORTLAND, ME, June 24, 2014 (Bangor Daily News) -A Lincoln paper mill and an energy consulting firm are hoping a recent challenge to the Federal Energy Regulatory Commission's authority will help them avoid paying millions of dollars in fines.

Lincoln Paper and Tissue, the Portland-based consultancy Competitive Energy Services and its owner Richard Silkman together face $13.75 million in fines from FERC on allegations that they manipulated a program that compensates large power customers for backing down consumption at times of high demand.

The U.S. Court of Appeals for the District of Columbia Circuit in May ruled in a 2-1 decision that FERC overstepped its authority in setting prices for the regional demand-response programs. The three defendants this month added the court's ruling to their argument that the penalties should be dismissed.

Bangor Daily News - Lincoln mill, energy consultant say court ruling strengthens fight against FERC penalties

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