The Federal Energy Regulatory Commission (FERC) is a crucial independent agency that oversees the interstate transmission of electricity, natural gas, and oil in the United States. Additionally, FERC reviews proposals to establish liquefied natural gas (LNG) terminals and interstate natural gas pipelines, and it licenses hydropower projects.
The Federal Power Commission (FPC) was a regulatory agency in the United States aimed at overseeing and regulating the energy industries, including natural gas and electricity. It has since been replaced by the Federal Energy Regulatory Commission (FERC).
