skip navigation
Text Size small medium large  


About FERC Arrow Strategic Documents Arrow Strategic Plan

 
Strategic Plan

FY 2006–FY 2011
Below is the overview of the FERC Strategic Plan. To view the complete plan please download the Full Version PDF

Vision

Abundant, reliable energy in a fair competitive market

Mission

Regulate and oversee energy industries in the economic, environmental, and safety interests of the American public.

Guiding Principles that Strengthen the Commission's Overall Perfromances

To fulfill its Mission, the Federal Energy Regulatory Commission commits to…

  • Organizational Excellence: Use resources efficiently and effectively to achieve its strategic priorities.


  • Due Process and Transparency: Complete regulatory proceedings in an open and fair manner, consistent with established regulations.


  • Regulatory Certainty: Provide regulatory certainty through consistent Commission approaches and actions.


  • Stakeholder Involvement: Ensure that interested parties are informed and provided an appropriate opportunity to participate in Commission proceedings.


  • Timeliness: Act on regulatory matters in an expeditious manner
Goals and Objectives

Goal 1: Energy Infrastructure - Promote the Development of a Strong Energy Infrastructure

  • Objective A: Stimulate Appropriate Infrastructure Development
    • Resolve regulatory and other challenges to needed development
    • Encourage investment and effect timely cost recovery

  • Objective B: Maintain a Reliable and Safe Infrastructure
    • Assure reliability of interstate transmission grid
    • Protect safety at LNG and hydropower facilities
    • Incorporate environmental considerations into Commission decisions

Goal 2: Competitive Markets - Support Competitive Markets

  • Objective A: Develop Rules that Encourage Fair and Efficient Competitive Markets
    • Employ best practices in market rules
    • Reduce barriers to trade between markets and among regions

  • Objective B: Prevent Accumulation and Exercise of Market Power
    • Assure proposed mergers and acquisitions are in the public interest
    • Address market power in jurisdictional wholesale markets

Goal 3: Enforcement - Prevent Market Manipulation

  • Objective A: Provide Vigilant Oversight
    • Identify and remedy problems with structure and operations in energy markets

  • Objective B: Provide Firm but Fair Enforcement
    • Establish clear and fair processes
    • Conduct investigations promptly and impose penalties where appropriate
    • Encourage self-policing and -reporting of violations



  Goals and Objectives

 




Updated: October 26, 2006