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Regulation of the Electric Utility Indus... > Federal Energy Regulatory Commission - Pg. 65

Regulation of the Electric Utility Industry 65 and Federal Power Commission, as well as parts of several other agencies and programs, including the nuclear weapons program (with the exception of nuclear energy, which is controlled by the Nuclear Regulatory Commission). The act required the DOE to work with other agencies, including the Environmental Protection Agency, the Bureau of Mines, and the Nuclear Regulatory Commis- sion, in regards to standards and regulations as they pertained to the utility indus- try. The 1977 act directed the DOE to conduct R&D to support the development of new technologies within the energy field and required the DOE to submit a national energy policy plan biennially. Federal Energy Regulatory Commission The FERC was established within the DOE and is an independent agency that regulates the interstate transmission of electricity, natural gas, and oil. The Fed- eral Power Commission (FPC), founded in 1920, was the predecessor to the FERC, created to coordinate federal hydropower development. In 1935, the FPC was transformed into an independent agency to regulate both hydropower and interstate electricity. All FERC decisions are reviewable by the federal courts. In 1983, Congress ended federal regulation of wellhead natural gas prices and, in response, FERC sought greater competition to both natural gas