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The Federal Energy Regulatory Commission (FERC) is an independent agency of the United States government that regulates the interstate transmission and wholesale sale of electricity and natural gas and regulates the prices of interstate transport of petroleum by pipeline.
Utility ratemaking is the formal regulatory process in the United States by which public utilities set the prices (more commonly known as "rates") they will charge consumers. [1] Ratemaking, typically carried out through "rate cases" before a public utilities commission , serves as one of the primary instruments of government regulation of ...
The Natural Gas Policy Act of 1978 (NGPA) is federal legislation that had been enacted as a response to US natural gas shortages of 1976–77. It was enacted for the following motivations: To create a balance between natural gas supply and demand, Create a national gas market, and; Transition to market-based prices. The NGPA:
The five-member commission oversees natural gas pipelines and other energy infrastructure, including transmission of electricity across state lines, hydropower and interstate transportation of oil ...
The Natural Gas Act of 1938 had an enormous impact on the future of not only the interstate natural gas market, but the U.S. energy policy and regulation. The natural gas industry has undergone tremendous change since 1938, and pipeline companies no longer function as resellers of gas to local distribution companies (LDCs), the ideas behind the ...
In October 2018, NARUC published a report that says that the Federal Energy Regulatory Commission (FERC) should modernize the Public Utility Regulatory Policies Act (PURPA) of 1978 for the energy sector, and why. In 1978, during a national energy crisis, Congress passed PURPA to encourage alternative energy sources at a time when gas was scarce ...
Nuclear Waste Policy Act: First comprehensive nuclear waste legislation. 1989 Natural Gas Wellhead Decontrol Act of 1989: Amends the Natural Gas Policy Act of 1978 to declare that the price guidelines for the first sale of natural gas. 1992 Energy Policy Act: Required alternative fuel vehicle use in some private/government fleets. 2005 Energy ...
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