David Applebaum and Todd BrecherJune 16, 2017, 1:09 PM EDT
Law360, New York (June 16, 2017, 1:09 PM EDT) -- In 1977, the Federal Power Commission was replaced by the Federal Energy Regulatory Commission, and the U.S. energy system entered a new era. As an independent regulatory agency within the U.S. Department of Energy, FERC regulates the transmission and wholesale sale of electricity and natural gas, and the transportation of oil by pipeline, in interstate commerce.
This article is the third in a series taking stock of FERC's past, present and future, on the occasion of its 40th anniversary. In this installment, David Applebaum and Todd...