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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.
FERC Order 490 was a final rule by the Federal Energy Regulatory Commission to amend its regulations concerning the abandonment of certain sales and purchases of natural gas under Section 7(b) the Natural Gas Act (NGA) where the underlying contract has expired. It was enacted on April 12, 1988. [1]
Public Utility Regulatory Policies Act; Energy Tax Act; Natural Gas Policy Act; Encouraged conservation efforts in homes, schools, and other public buildings; Restricted new power plants using oil or natural gas (repealed in 1987) Opened electric markets to alternative power producers; Taxed "gas guzzlers", gave income tax credits for ...
Through a combination of federally funded geologic research beginning in the 1970s, public-private collaboration on demonstration project and R&D priorities, and tax policy support for unconventional technologies, the federal government played a key role in the development of shale gas in the United States.
The Senate ensured that political reality as lawmakers approved three new members of the Federal Energy Regulatory Commission, including two Democrats. The five-member commission oversees natural ...
The Energy Policy Act of 2005 expanded FERC's authority to impose mandatory reliability standards on the bulk transmission system and to impose penalties on entities that manipulate the electricity and natural gas markets. The Energy Policy Act of 2005 gave FERC additional responsibilities as outlined in FERC's Top Priorities and updated ...
In the United States, PPAs are typically subject to regulation by the Federal Energy Regulatory Commission (FERC). FERC determines which facilities are applicable for PPAs under the Energy Policy Act of 2005. [9] PPAs facilitate the financing of distributed generation assets such as photovoltaic, microturbines, reciprocating engines, and fuel ...
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