Companies face millions in FERC fines

The Federal Energy Regulation Commission has proposed hefty penalties against Richard Silkman, managing partner of Competitive Energy Services in Portland, and Lincoln Paper & Tissue Co. for allegedly manipulating energy markets. Silkman is facing a $1.25 million proposed penalty, and his company a $7.5 million fine, while the Lincoln company faces a proposed $4.4 million penalty.
In an order issued Tuesday, FERC said Silkman "conceived of a ...