Definition, Meaning & Anagrams | English word FERC

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Definitions of FERC

1. Acronym of Federal Energy Regulatory Commission.

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Examples of Using FERC in a Sentence

• 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.
• Department of the Interior (DOI) and Director, Office of Enforcement, Federal Energy Regulatory Commission (FERC); Phil Hogen, Chairman of the National Indian Gaming Commission (NIGC); Vern Larson, South Dakota State Treasurer and Auditor; South Dakota State Senators Walter Conahan, Mike Vehle, Lee Schoenbeck and Scott Heidepriem; South Dakota State Representative Sean O'Brien; Charlotte Fischer, South Dakota Public Utilities Commissioner; Roland Dolly, Commissioner of Economic Development for the State Of South Dakota; and Stephen Censky, Administrator of the Foreign Agricultural Service, CEO of the American Soybean Association, and United States Deputy Secretary of Agriculture.
• The US Federal Energy Regulatory Commission (FERC) fined Ameren US$15 million pursuant to a settlement for the breach at Taum Sauk—a US$10 million civil penalty combined with the requirement to pay US$5 million into interest-bearing escrow in order to fund a variety of "project enhancements at or near the Taum Sauk project".
• Following passage of the EPAct of 1992, independent generation owner/operators (also called independent power producers or IPPs) and unaffiliated power marketers lodged frequent complaints with FERC about unfair treatment under the new open access requirements.
• They laid out their concerns that FERC would be overstepping its authority in making these changes, something legal and renewables groups had argued as well.
• The FERC continues to receive rehearing petitions regarding stranded cost recovery as it has clearly placed the importance on remedying what it terms as "undue discrimination" at the forefront.
• Three others – Trunkline LNG in Lake Charles, Louisiana; Dominion Cove Point LNG in Lusby, Maryland; and a terminal in Freeport, Texas – have DOE approval and await FERC approval.
• Both ISOs and RTOs are organizations formed with the approval of the Federal Energy Regulatory Commission (FERC) to coordinate, control and monitor the use of the electric transmission system by utilities, generators and marketers.
• Globally, key regulators include the UK FCA and PRA; US CFTC, FINRA, NFA, FERC, SEC and Federal Reserve Board; IIROC; MAS; Hong Kong SFC; HKMA; SEBI; Japan FSA; Korean FSS; and New Zealand FMA.
• In 1978, FERC was given additional responsibilities for harmonizing the regulation of wellhead gas sales in both the intrastate and interstate markets.
• FERC's October 2008 decision to dismiss the application without prejudice granted the potential for Quoddy Bay LNG to resubmit materials for FERC approval at a later date, thus delaying the project independently from tribal intervention.

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