Independent regulatory agency within the Department of Energy that regulates the transmission and sale of natural gas and oil by pipeline in interstate commerce; regulates the transmission and wholesale sales of electricity in interstate commerce; licenses and inspects nonfederal hydroelectric projects; oversees environmental matters related to natural gas, oil, electricity and hydroelectric projects; administers accounting and financial reporting regulations and conduct of jurisdictional companies; and approves siting and abandonment of interstate pipeline facilities.
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- Natural Gas Industries Responsible for regulating interstate transportation rates and services for natural gas pipelines, the construction of natural gas pipelines, and overseeing related environmental matters.
- Oil Industry Responsible for regulating interstate transportation rates and services of crude oil and petroleum products.
- Hydropower Industries Responsible for licensing of nonfederal hydroelectric projects, overseeing related environmental matters, and inspecting nonfederal hydropower projects for safety conditions and compliance with license terms and conditions.
- Electric Power Industry Responsible for regulating interstate transmission rates and services, wholesale energy rates and services, corporate transactions, mergers, and securities issued by public utilities.
- Federal Energy Regulatory Commission (FERC) Regulatory commission monitoring interstate aspects of the utilities industries (electrical power, natural gas, oilpipleine, and hydroelectric).
- FERC: What's New Press releases, official decisions, and announcements of events from the Federal Energy Regulatory Commission.