Federal Energy Regulatory Commission - FERC

AAA

DEFINITION of '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.

INVESTOPEDIA EXPLAINS '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.

RELATED TERMS
  1. Energy Institute - EI

    An organization based in London, England, that was formed as ...
  2. Wholesale Energy

    A term referring to the purchase and sale of energy products ...
  3. Energy And Commerce Committee

    A established by in 1975 by the United States House of Representatives ...
  4. Energy Tax Credit

    An energy tax credit is given to homeowners who make their homes ...
  5. Renewable Energy Certificate - ...

    A certificate that is proof that one megawatt-hour (MWh) of electricity ...
  6. Securities And Exchange Commission ...

    A government commission created by Congress to regulate the securities ...
Related Articles
  1. Main Characteristics of Capitalist Economies
    Economics

    Main Characteristics of Capitalist Economies

  2. Understanding Intellectual Property
    Investing

    Understanding Intellectual Property

  3. Understanding Benchmark Oils: Brent ...
    Investing Basics

    Understanding Benchmark Oils: Brent ...

  4. The Difference Between Oil Services ...
    Options & Futures

    The Difference Between Oil Services ...

comments powered by Disqus
Hot Definitions
  1. Halloween Massacre

    Canada's decision to tax all income trusts domiciled in Canada. In October 2006, Canada's minister of finance, Jim Flaherty, ...
  2. Zombies

    Companies that continue to operate even though they are insolvent or near bankruptcy. Zombies often become casualties to ...
  3. Witching Hour

    The last hour of stock trading between 3pm (when the bond market closes) and 4pm EST. Witching hour is typically controlled ...
  4. October Effect

    The theory that stocks tend to decline during the month of October. The October effect is considered mainly to be a psychological ...
  5. Repurchase Agreement - Repo

    A form of short-term borrowing for dealers in government securities.
  6. Correlation

    In the world of finance, a statistical measure of how two securities move in relation to each other. Correlations are used ...
Trading Center