Senate Hearing Interrupted: Nominees for Federal Energy Regulatory Commission
Forbes Breaking NewsSeptember 7, 20256 min1,147 views
25 connectionsΒ·28 entities in this videoβFederal Energy Regulatory Commission (FERC) Mission
- π‘ FERC's mission is to encourage the orderly development of plentiful supplies of electricity and natural gas at reasonable prices.
- π It oversees the reliable interstate transmission of electricity and transportation of natural gas and oil, regulating wholesale power prices and reviewing proposals for major energy projects.
- π‘οΈ FERC also protects the reliability and security of the bulk power system, enabling affordable and reliable energy for millions.
Nominee Qualifications and Backgrounds
- βοΈ Laura Swat is nominated, with experience as energy and litigation counsel at Vincent and Elkins, specializing in federal energy regulatory litigation, and previously serving FERC Chairman Kevin McIntyre.
- πΊπΈ David Lassert is also nominated, with a focus on energy litigation and environmental safety, having served as principal adviser to the director of the US Office of Personnel Management and in leadership roles in Louisiana government.
- ποΈ Mr. Lassert is a combat veteran of the United States Marine Corps, bringing leadership experience from military and government service.
Concerns with Past FERC Administration
- π The current administration's FERC is criticized for being steered in a direction that harmed Americans, leading to rising costs and languishing infrastructure projects.
- π§ Vital pipelines and terminals were delayed or denied, increasing the nation's vulnerability to energy scarcity and dependence on foreign suppliers.
- π The task for the nominees is to reverse this course by ensuring FERC applies the law as written and rolling back policies that drove up costs or weakened grid resilience.
Key Responsibilities and Expectations for Nominees
- π Nominees will be charged with ensuring FERC applies the law as written, evaluating and potentially rolling back previous policies that increased costs or stifled innovation.
- ποΈ They must demonstrate how they view the legal debate surrounding independent agencies and their accountability.
- π Top priorities will include overseeing the natural gas and energy sectors, given their central importance to the US economy.
- π― The committee expects a focus on the law, reliability, and the needs of the American people to ensure FERC is not paralyzed by delay or distracted from its core mission.
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Whatβs Discussed
Federal Energy Regulatory Commission (FERC)Energy PolicyElectricity TransmissionNatural Gas PipelinesRenewable EnergyEnergy SecurityRegulatory LitigationSenate Nomination HearingAffordable EnergyEnergy InfrastructureWholesale Power PricesGrid Reliability
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