What is ‘Federal Energy Regulatory Commission – FERC’
An independent agency responsible for regulating interstate oil and gas pipelines and sales, as well as the transmission of electricity from state to state. In addition, the Energy Policy Act of 2005 charged the FERC with further duties, such as imposing mandatory standard regulations. The FERC also regulates expansion projects and the operations of gas pipelines.
Explaining ‘Federal Energy Regulatory Commission – FERC’
The FERC ensures that energy business matters are conducted in proper ethical fasion. For example, it investigates potential fraud and manipulation in the markets, and make sure that consumers have proper access to natural gas when needed.
Further Reading
- Testing theories of agency behavior: evidence from hydropower project relicensing decisions of the Federal Energy Regulatory Commission – le.uwpress.org [PDF]
- The Federal Energy Regulatory Commission and Environmental Justice: Do the National Environmental Policy Act and the Clean Air Act Offer a Better Way – heinonline.org [PDF]
- Who's in Charge Here-The Shrinking Role of the Federal Energy Regulatory Commission in Hydropower Relicensing – heinonline.org [PDF]
- Making Policy Through the Waiver of Regulations at the Federal Energy Regulatory Commission – heinonline.org [PDF]
- The Federal Energy Regulatory Commission and derivatives – www.emerald.com [PDF]
- Market Manipulation, Market Power, and the Authority of the Federal Energy Regulatory Commission – heinonline.org [PDF]
- Transforming an Industry by Agency Rulemaking: Regulation of Natural Gas by the Federal Energy Regulatory Commission – heinonline.org [PDF]
