The Federal Energy Regulatory Commission (FERC) is an independent agency that regulates the interstate transmission of electricity, natural gas, and oil. FERC's primary responsibilities include ensuring the reliability and security of the energy grid, promoting competition in energy markets, and overseeing the licensing of hydropower projects.
FERC also plays a role in reviewing and approving proposals for new energy infrastructure projects, such as pipelines and liquefied natural gas terminals. The agency works to balance the interests of consumers, industry stakeholders, and the environment in its decision-making processes.
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