The Federal EnergyRegulatoryCommission (FERC) is an independent agency of the United States government that regulates the interstate transmission and wholesale sale of electricity and natural gas and the prices of interstate transport of petroleum by pipeline. The Federal EnergyRegulatoryCommission (FERC) is defined as an independent agency that regulates the interstate transmission of electricity, natural gas, and oil, while enforcing reliability standards and overseeing market competition in the energy sector. Aug 12, 2021 · Decisions at FERC affect the markets that determine wholesale electricity prices and in turn which power plants are built, which has numerous implications for the environment. This explainer provides background on FERC and its role as a regulator of wholesale electricity markets. The first few sections that follow will provide an overview of major regulatory bodies, regional organizations, and utilities and their ownership structures. Later in this section, the various markets within the electricindustry will be described. Sep 12, 2024 · The Federal EnergyRegulatoryCommission (FERC), regional transmission organizations (RTOs) and independent system operators (ISOs), and states are working to improve transmission development processes and implement interconnection reform to help generation come online more quickly. Apr 24, 2026 · Working for Reliable & Affordable Power for ALL FERC works to ensure reliable, safe, secure & economically efficient energy for consumers at a reasonable cost. Official YouTube Help Center where you can find tips and tutorials on using YouTube and other answers to frequently asked questions.