TC Ravenswood, LLC v. FERC, No. 11-1258 (D.C. Cir. 2013)
Annotate this CasePetitioner objected to an order of the FERC that allowed certain rates to be reduced as a corrective to the exercise of "supply-side" market power, but which declined to resolve petitioner's call for a parallel intervention to protect suppliers from what petitioner called "buy-side" market power. Concluding that the court had jurisdiction to consider petitioner's arguments, the court concluded that it had no reason to think that "the total effect of the rate order" was unjust and unreasonable, but the court had affirmative reason to believe that petitioner would have an adequate opportunity to pursue remedies for possible uneconomic entry. The court further concluded that the Commission did not abuse its discretion; in struggling to address the complexities posed by regional integration and independent systems operators, the Commission has pursued an iterative process with the court's explicit approval at least in one case, TC Ravenswood v. FERC; the specific context of the mitigation orders here exemplified the iterative process; and the court rejected petitioner's argument that the Commission violated due process and other obligations by neglecting to answer petitioner's arguments and proposals. Accordingly, the court denied the petition for review.
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