FEDERAL ENERGY REGULATORY COMMISSION

glossary / FEDERAL ENERGY REGULATORY COMMISSION

FEDERAL ENERGY REGULATORY COMMISSION

Federal Energy Regulatory Commission. An independent five-member commission in the U.S. Department of Energy responsible for licensing hydroelectric-power projects and for setting interstate rates on (1) transporting and selling natural gas for resale, (2) transporting and selling electricity at wholesale, and (3) transporting oil by pipeline. ? It was created by the Department of Energy Organization Act of 1977. As enforcer of the Natural Gas Act, it succeeded the Federal Power Commission. ¡ª Abbr. FERC. [Cases: Gas 1.]
What is the legal equivalent of the term FEDERAL ENERGY REGULATORY COMMISSION in Chinese?
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