Energy Markets: Concerted Actions Needed by FERC to Confront Challenges That Impede Effective Oversight.

摘要

As requested, we are reporting on the Federal Energy Regulatory Commissions (FERC) efforts to revise its approach to regulating and overseeing the nations natural gas and electric power industries in light of these industries evolution from highly regulated monopolies to competitive energy markets. This report contains recommendations to the Chairman of FERC on developing and implementing an effective regulatory and oversight approach for these markets. The report also contains a matter for congressional consideration on the need to review FERCs legal authorities to determine whether revisions are warranted in view of the change to competitive energy markets.