Federal Power Commission

FERC was created in October 1977 as a result of the passage of the Department of Energy Organization Act. At that time, the 57-year-old Federal Power Commission (FPC) was eliminated and FERC took over many of the FPC s responsibiUties. 

Program Improvements in the CEA Seivice Continuity Report and Impact of the Ice Storm on CEAData. (1999). CEA Electricity 99 Conference, Vancouver, B.C., March. U.S. Federal Power Commission. (1965). Northeast Power Failure, November 9 and W, 1965. Washington, DC U.S. Government Printing Office. 

U.S. Federal Power Commission. (1967). Prevention of Power Failures Volume I, Report of the Commission Vol. II, Reliability of Electric Bulk Power Supply Vol. Ill, Studies of the Task Croups on the Northeast Power Interruption. Washington, DC U.S. Govermnent... 

The first major federal regulatory event affecting natural gas pipelines was the Natural Gas Act of 1938, which gave the Federal Power Commission jurisdiction to regulate three areas (1) pipeline sales of gas purchased from producers and resold to local distribution companies in interstate commerce (2) transportation m interstate commerce and (3) the facilities used for such sales and such transportation. 

The U.S. Congress passes the Federal Water Power Act of 1920, which authorizes the first Federal Power Commission (later Federal Energy Regulatoiy Commission). It has authority to issue licenses for hydroelectric projects that are best adapted to the comprehensive development of a watei way. 

National Electric Rate Book, Federal Power Commission, U. S. Government Printing Office, Washington, D. C., issued periodically. 

Federal Power Commission The predecessor agency of the FERC, abolished when the Department... 

A Federal Power Commission s Natural Gas Survey Task Force pointed out in a 1976 report that "the technology is available to convert coal to SNG and with refinement may reduce the cost of gas in time. But despite these facts, there is no concerted national policy toward overcoming the major obstacles to substantial pro-... 

The second barrier as far as cost is concerned is that the increasing price of natural gas will cause a lot of rethinking on the use of natural gas. Much of our use of natural gas has been built into the U.S. energy systems because of its very low price as maintained by the Federal Power Commission. Already there are significant trends away from the use of natural gas by industry and this is likely to continue. Demand for natural gas is not likely to increase in the future at the rates that were common in the 50 s and 60fs. 

The Federal Energy Regulatory Commission (FERC) is not significantly different from what the Federal Power Commission was previously. The Federal Power Commission was an independent regulatory agency and FERC is an independent regulatory agency. 

There will be a relatively free market and soon the control price will become a ceiling and the market will be trading under that ceiling. But at the moment, that sharp, almost exponential curve is a natural response to the release from the ridiculously low wellhead price control that has been put on natural gas by the Federal Power Commission following the Phillips decision of 1954. 

PANELIST HILL I agree. There is a real problem in trying to make these predictions. In the natural gas area it is particularly difficult because of the situation that has existed for such a long period of time wherein the Federal Power Commission was holding the wellhead price of natural gas at an extremely low and artificial price. The Federal Power Commission, in setting that price, considered only proven reserves of natural gas. In turn, proven reserves are defined as resources that can be produced at prevailing prices. A company would look at a new natural gas development decision on the basis of what gas they could get at prevailing wellhead prices and make a profit. 

Utilities include steam, electricity, fuel, cooling water, process water, coirqjressed air, refrigeration, and waste treatment. Utility equipment is usually located outside of the process area and may supply several processes. We may consider each utility as a product, and estimate its cost according to the procedure outlined in Table 2.1. The cost of steam, electricity, and refrigeration depends mainly on fuel costs. Local utilities may give electric power costs, and the Federal Power Commission publishes rates for all public utihties in the United States. Table 2.3 lists approximate utility rates. 

Bureau of Natural Gas, Federal Power Commission, Washington, D.C. 20426... 

Any analysis of future domestic supply necessarily involves an estimate of the level of future reserve additions. A recent analysis of natural gas supply and demand relationships by the Federal Power Commission (FPC) staflF (4) reached several conclusions with respect to the future annual reserve additions depicted in Figure 5. First, an increase from the present level of annual reserve additions to the average national finding level of the past 10 years (17 Tcf annually) is consistent with estimates of the undiscovered potential gas remaining and recent regulatory actions which have increased the wellhead price of gas in several important supply areas. Second, it is unlikely that annual reserve addi-... 

Average reserve additions for the 5 year period 1971 through 1975 would be 14 Tcf per year which was also the average experienced during the period from 1966 through 1970. Reserve additions for 1971 were projected by the Federal Power Commission staff to be about 12 Tcf. In 1971, reported additions amounted to only 9.4 Tcf. Some reserves... 

By mid-1972 the Federal Power Commission had authorized only one long-term marine import of LNG into the United States. Several other proposals for the long-term import of base load LNG have been filed with the Federal Power Commission, however, and a number of other prospective projects have been widely discussed in the trade press. These... 

Federal Power Commission, "National Gas Supply and Demand, 1971-1990 ... 

Received February 15, 1973. The views expressed herein are those of the author and do not necessarily reflect the views of the Federal Power Commission or of individual Commissioners. 

In the East, most of the low sulfur coals produced customarily have been used for the production of coke for steelmaking both at home and abroad rather than for power generation. Heretofore these high quality coals have been too costly for utility use. Much of the coal used for power generation has been low-cost strip-mined coal. According to the Federal Power Commission (FPC), in the third quarter of 1972 approximately 46% of low sulfur coal delivered to utilities in the East and 92% delivered to utilities in the West were from surface mines. Correspondingly, 54% of the low sulfur coals delivered in the East and only 8% delivered... 

The Federal Power Commission, with the cooperation of the EPA, collects air and water quality control data for each fossil fuel-fired electric generating plant of 25 MW and greater. Under this program the FPC collected information for the year 1969 ( 2) from 655 fossil-fueled plants with 2995 boiler-generator units having a total capacity of 244 thousand MW, compared with the 3298 units with a total capacity of 259 thousand MW reported in Table III for the year 1970. 

Federal Power Commission, The 1970 National Power Survey, 4 vols.,... 

Federal Power Commission, Steam-Electric Plant Air and Water Quality... 

FPC. (1) Abbreviation for fish protein concentrate. (2) Abbreviation for Federal Power Commission. 

Figure 2.3 Demand curve for electric power. (From various Federal Power Commission reports in Ref. 2.)...

Federal Power Commission, 232, 269 Federal Security Agency, 269 Federal Trade Commission, 269 Foxboro Co., 413... 

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