Energy cost refers to the expenditure on all sources of energy required by an organization, including electricity, gas, solid fuels, oil, and steam. Managing energy costs effectively can significantly impact an organization's bottom line and sustainability goals.
The Federal Energy Regulatory Commission (FERC) is a crucial independent agency that oversees the interstate transmission of electricity, natural gas, and oil in the United States. Additionally, FERC reviews proposals to establish liquefied natural gas (LNG) terminals and interstate natural gas pipelines, and it licenses hydropower projects.
