Definition
The Federal Energy Regulatory Commission (FERC). As used in the pro forma OATT, 'the Commission' refers to FERC, the independent U.S. federal agency that regulates the interstate transmission of electricity, natural gas, and oil. FERC oversees wholesale electricity markets and administers open-access transmission requirements.
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Topic Deck
OATT Core Concepts
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Source
FERC Pro Forma OATT / LGIP
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