Strategic Documents
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](https://webarchive.library.unt.edu/web/20090506125003im_/https://www.ferc.gov/images/icon_pdf.gif)
Vision
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Abundant, reliable energy in a fair competitive market
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Mission
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Regulate and oversee energy industries in the economic, environmental, and
safety interests of the American public.
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Guiding Principles that Strengthen the Commission's Overall Perfromances
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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
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Goals and Objectives
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Goal 1: Energy Infrastructure - Promote the Development of a Strong Energy Infrastructure
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Objective A: Stimulate Appropriate Infrastructure Development
- Resolve regulatory and other challenges to needed development
- Encourage investment and effect timely cost recovery
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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
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Goal 2: Competitive Markets - Support Competitive Markets
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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
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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
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Goal 3: Enforcement - Prevent Market Manipulation
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Objective A: Provide Vigilant Oversight
- Identify and remedy problems with structure and operations in energy markets
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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
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