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Chairman Of The Federal Power Commission
The Federal Power Commission (FPC) was an Independent agencies of the United States government, independent commission of the United States government, originally organized on June 23, 1930, with five members nominated by the President of the United States, president and confirmed by the United States Senate, Senate. The FPC was originally created in 1920 by the Federal Power Act, Federal Water Power Act, which provided for the licensing by the FPC of hydroelectric projects on the land or navigable water owned by the federal government. The FPC has since been replaced by the Federal Energy Regulatory Commission. The FPC also regulated interstate electric utilities and the natural gas industry. In June 1939, President Roosevelt appointed Leland Olds to the FPC, who served as chairman from January 1940 until 1949. Under Olds’ leadership, the FPC successfully pressured electric utilities to extend power into neglected rural areas and to lower electricity rates to increase use. How ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Energy Regulatory Commission
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. FERC also reviews proposals to build interstate natural gas pipelines, natural gas storage projects, and liquefied natural gas (LNG) terminals, in addition to licensing non-federal hydropower projects. FERC was created by the United States Congress, U.S. Congress in 1977 in the aftermath of the 1973 oil crisis. FERC is an independent agency, despite being part of the United States Department of Energy, U.S. Department of Energy. It is headed by five commissioners who are nominated by the U.S. president and confirmed by the U.S. Senate. There may be no more than three commissioners of one political party serving on the commission at any given time. Primary duties The responsibilities of FERC include the followi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |