Changeflow GovPing Government General Tenaska Power Services Consent Agreement
Priority review Enforcement Added Final

Tenaska Power Services Consent Agreement

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Filed January 12th, 2026
Detected April 5th, 2026
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Summary

FERC approved a Stipulation and Consent Agreement with Tenaska Power Services Company under docket IN25-13. The consent agreement resolves an enforcement investigation concerning potential violations related to the company's activities in wholesale electricity markets. The order, effective January 12, 2026, brings the enforcement matter to a close without further administrative proceedings.

What changed

FERC commissioners approved a consent agreement with Tenaska Power Services Company, resolving investigation IN25-13 concerning the company's conduct in wholesale electricity markets. The settlement contains specific terms including disgorgement and compliance requirements, though specific penalty amounts are not disclosed in the order. The company neither admitted nor denied the findings as part of the settlement.

Energy companies operating in FERC-jurisdictional wholesale markets should review this consent agreement to understand the enforcement patterns and compliance expectations. While this is a settlement with one company, it signals FERC's continued focus on market manipulation and market-based rate conduct. Companies should ensure their market activities,尤其是those involving virtual bidding, physical withholding, or related practices, align with FERC's compliance expectations.

What to do next

  1. Review the consent agreement terms to understand prohibited conduct
  2. Audit market-based rate activities for potential manipulation indicators
  3. Update internal compliance controls for wholesale electricity transactions

Source document (simplified)

Document Info for Accession Number: 20260112-3012

Details Document: 01/12/2026
Filed: 01/12/2026
Posted: 01/12/2026 10:03:05 AM
First Received Date: 01/12/2026 09:55:19 AM
Security Level: Public
Official: Yes
E-filing: No
Non-decisional: No
Category: Issuance
Library: Electric
Aperture: 0
File Type:
Description* :** Order Approving Stipulation and Consent Agreement re Tenaska Power Services Company under IN25-13.
File List

| Docket | Sub-Docket | Type |
| --- | --- | --- |
| IN25-13 | 000 | On Document |

| Document Class | Document Type |
| --- | --- |
| Order/Opinion | Commission Order/Opinion |

| Correspondent | Last Name | First Name | MI | Role/Org |
| --- | --- | --- | --- | --- |
| AUTHOR | * | * | | COMMISSIONERS AND IMMEDIATE STAFF (THE COMMISSION) |
| AUTHOR | REESE | D | A | SECRETARY OF THE COMMISSION - FERC |

| Associate Type | Associate Numbers |
| --- | --- |
| Ferc Cite Number | 194FERC61,029 |

Named provisions

Stipulation and Consent Agreement

Classification

Agency
FERC
Filed
January 12th, 2026
Instrument
Enforcement
Legal weight
Binding
Stage
Final
Change scope
Minor
Document ID
194FERC61,029
Docket
IN25-13

Who this affects

Applies to
Energy companies Public companies
Industry sector
2210 Electric Utilities
Activity scope
Wholesale Electricity Markets Market-Based Rate Transactions
Geographic scope
United States US

Taxonomy

Primary area
Energy
Operational domain
Compliance
Topics
Electric Utilities Market Manipulation

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