Federal Energy Regulatory Commission (FERC)

The Federal Energy Regulatory Commission (FERC) is an independent agency of the United States government responsible for regulating the interstate transmission of electricity, natural gas, and oil. It oversees wholesale electricity markets, approves interstate pipeline projects, licenses hydropower facilities, and ensures reliability of the bulk power system. FERC plays a central role in U.S. energy transition policy through transmission planning, grid modernization oversight and market rulemaking affecting renewable energy integration.