FERC orders compliance and revises tariffs in Docket Nos. ER24-2009 & ER24-2007

The Federal Energy Regulatory Commission (FERC) plays a crucial role in overseeing various industries and data related to energy in the United States.

In terms of the electric sector, FERC is responsible for monitoring power sales and markets, providing incentives to encourage efficient practices, ensuring electric reliability, overseeing electric transmission, and siting electric transmission facilities. This comprehensive approach helps to maintain a stable and competitive electric market that benefits both consumers and industry players.

When it comes to oil, FERC oversees annual charges, general information dissemination, and staff oil pipeline handbooks. By regulating the oil industry, FERC ensures safety, efficiency, and fairness in the transportation and delivery of oil products throughout the country.

In the realm of market assessments, FERC conducts in-depth reports and analysis on natural gas and electric power markets. By staying informed on market trends and conditions, FERC can make informed decisions and recommendations to support a robust and sustainable energy market nationwide.

Hydropower is another key focus area for FERC, as it manages licensing, administration, and compliance related to hydropower projects. By regulating this important renewable energy source, FERC helps to ensure the safety and sustainability of hydropower facilities across the country.

Natural gas, a critical energy source, is also under FERC’s purview. FERC oversees a range of topics related to natural gas, such as landowner issues, safety and inspections, and environmental concerns. By promoting responsible practices in the natural gas industry, FERC helps to protect the environment and public health while ensuring a steady and reliable supply of natural gas to consumers.

FERC provides a wealth of resources to support its mission, including staff reports and papers, guides, information on the regulatory process, details on corporate officials, a public reference service, and guidance on transmission line vegetation management. These resources are invaluable for industry stakeholders, policymakers, and the general public seeking to understand and engage with FERC’s work.

Public participation is a cornerstone of FERC’s operations, and the Office of Public Participation (OPP) plays a critical role in facilitating this process. OPP helps the public understand FERC’s role and functions, provides guidance on how to participate in FERC proceedings, and offers educational resources on energy markets and infrastructure. By empowering the public to engage with FERC, OPP helps to ensure that diverse perspectives are considered in regulatory decision-making.

Enforcement and legal matters are also within FERC’s jurisdiction, with a focus on investigations, self-reports, audits, accounting issues, compliance, and enforcement resources. By enforcing regulatory standards and addressing violations, FERC helps to maintain integrity and fairness in the energy market, deterring misconduct and ensuring accountability.

Overall, FERC’s multifaceted approach to regulating the energy industry is essential for safeguarding the nation’s energy resources, promoting competition and efficiency, and protecting the interests of consumers and stakeholders. Through its diverse functions and resources, FERC plays a vital role in shaping a sustainable and secure energy future for the United States.