Politico covered FERC's announcement to close its Market Oversight Division and quoted AEE's General Counsel (and former senior FERC staffer) Jeff Dennis on this announcement. Read excerpts below and the entire Politico PRO story here (sub. req.).
FERC will close its Division of Energy Market Oversight, which oversees electricity markets and natural gas infrastructure, and transfer its responsibilities to other offices, an agency spokesperson said today. The Energy Market Oversight division is part of the agency’s Office of Enforcement, but has long included some policymaking functions that overlap with other FERC divisions. Under the reorganization, some of those responsibilities, such as crafting summer and winter reliability assessments, will be transferred to the Office of Energy Policy and Innovation, FERC spokesperson Mary O’Driscoll said in an email.