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| rdfs:label | - Federal Energy Regulatory Commission
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| rdfs:comment | - The Federal Energy Regulatory Commission (FERC) is an independent, self-funded, regulatory agency within the Department of Energy with statutory authority over major aspects of the wholesale electric, natural gas, hydroelectric, and oil pipeline industries. It
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| abstract | - The Federal Energy Regulatory Commission (FERC) is an independent, self-funded, regulatory agency within the Department of Energy with statutory authority over major aspects of the wholesale electric, natural gas, hydroelectric, and oil pipeline industries. It
* Regulates the transmission and wholesale sales of electricity in interstate commerce;
* Reviews certain mergers and acquisitions and corporate transactions by electricity companies;
* Regulates the transmission and sale of natural gas for resale in interstate commerce;
* Regulates the transportation of oil by pipeline in interstate commerce;
* Approves the siting and abandonment of interstate natural gas pipelines and storage facilities;
* Reviews the siting application for electric transmission projects under limited circumstances;
* Ensures the safe operation and reliability of proposed and operating LNG terminals;
* Licenses and inspects private, municipal, and state hydroelectric projects;
* Protects the reliability of the high voltage interstate transmission system through mandatory reliability standards;
* Monitors and investigates energy markets;
* Enforces FERC regulatory requirements through imposition of civil penalties and other means;
* Oversees environmental matters related to natural gas and hydroelectricity projects and other matters; and
* Administers accounting and financial reporting regulations and conduct of regulated companies.
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