FERC Fines Fla. Power Grid Agency Over Blackout

Law360, New York (March 8, 2010, 12:41 PM EST) -- Florida's electric grid agency is set to shell out a $350,000 civil penalty to settle allegations stemming from a 2008 power outage that left nearly a million Sunshine State residents in the dark for several hours.

The fine against the Florida Reliability Coordinating Council, announced Friday by the Federal Energy Regulatory Commission, is the first such penalty to be levied against one of the seven regional grid overseers under joint enforcement authority between FERC and the North American Electric Reliability Corp., according to the commission....
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