The Federal Energy Regulatory Commission approved settlements of over $83 million in civil penalties and disgorgement of over $66 million in unjust profits during fiscal year 2018, according to the Office of Enforcement’s twelfth annual report issued on Nov. 15. The report underscores agency action in the areas of fraud and market manipulation, violations of reliability standards, anti-competitive behavior, and conduct that threatens the transparency of regulated markets. The office completed 14 audits of oil pipeline, public utility, and natural gas companies providing 209 recommendations for corrective measures and recovering about $185 million. The Analytics and Surveillance division’s natural gas surveillance screens produced about 7,719 alerts. The division reviewed 84 electric surveillance screens, as well as hourly and intra-hour sub-screens, and reports for over 36,000 hub and pricing nodes within the six grid operators’ regions.