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Violation Tracker Individual Record

Company: Big River Steel LLC
Current Parent Company: United States Steel
Penalty: $21,940,399
Year: 2023
Date: August 21, 2023
Offense Group: competition-related offenses
Primary Offense: energy market violation
Violation Description: The Commission approved the Stipulation and Consent Agreement between the Office of Enforcement, Big River Steel, and Entergy Arkansas LLC. The Agreement resolved the enforcement office's investigation under Part 1b of the Commission's regulations, 18 C.F.R. Part 1b (2022), into whether Big River Steel's participation in a Midcontinent Independent System Operator demand response program violated MISO's Tariff or Commission regulations. Entergy Arkansas sponsored Big River's participation in the program. Big River Steel paid a penalty of $6 million and disgorged over $15 million. Entergy Arkansas disgorged over $5 million.
Level of Government: federal
Action Type: agency action
Agency: Federal Energy Regulatory Commission
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Pennsylvania
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: metals
Specific Industry of Current Parent: steel
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.