Certrec’s NERC Penalties

LeapFrog Power, Inc. Receives a Cumulative Penalty of $120,000 for Violation of Section 37.3.1.1 of CAISO’s Tariff

June 13, 2023

Summary of NERC Penalties

REGION	WHEN?	ENTITY	COMPLIANCE AREA	VIOLATION	REASON	PENALTY AMOUNT
FERC	Quarter 2 - April 2023	Leapfrog Power, Inc.	CAISO’s Tariff	Section 37.3.1.1 of CAISO’s Tariff	Leap’s bids exceeded the registered metered load of all its customers	$120k

Summary:

FERC enforcement determined that Leap violated Section 37.3.1.1 of CAISO’s Tariff. Section 37.3.1.1 of CAISO’s Tariff requires that: Market Participants…submit Bids for Energy…from resources that are reasonably expected to be available and capable of performing at the levels specified in the Bid, and to remain available and capable of so performing based on all information that is known to the Market Participant or should have been known to the Market Participant at the time of the submission. Between February and August 2019, a substantial majority of the bids Leap made were bids that it could not reasonably expect to fulfill in violation of this section of the Tariff because Leap’s bids exceeded the registered metered load of all its customers.

Associated Files:

20230522-183FERC61137-IN23-7-000-LeapfrogPowerInc SA

About Certrec:
Certrec is a leading provider of regulatory compliance solutions for the energy industry with the mission of helping ensure a stable, reliable, bulk electric supply. Since 1988, Certrec’s SaaS applications and consulting expertise have helped hundreds of power-generating facilities manage their regulatory compliance and reduce their risks.

Certrec’s engineers and business teams bring a cumulative 1,500 years of working experience in regulatory areas of compliance, engineering, and operations, including nuclear, fossil, solar, wind facilities, and other Registered Entities generation and transmission.

Certrec has helped more than 200 generating facilities establish and maintain NERC Compliance Programs. We manage the entire NERC compliance program for 80+ registered entities in the US, Canada, and Mexico that trust us to decrease their regulatory and reputational risk. Certrec is ISO/IEC 27001:2013 certified and has successfully completed annual SOC 2 Type 2 examinations.

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