Chelsea should have been awarded a third penalty in their 3-1 victory at Wolves on 7 February, the Premier League's Key Match Incidents (KMI) Panel has said.
However, it also felt the incident did not reach the threshold for a video assistant referee (VAR) intervention.
Striker Joao Pedro had already been awarded two spot-kicks, following first-half fouls by Matt Doherty and Yerson Mosquera.
The third incident came in the fourth minute of the second half.
Wolves goalkeeper Jose Sa came out to claim a high ball under pressure from Pedro.