On October 1, 2018, FERC released its Strategic Plan for fiscal
years 2018-2022. FERC affirmed its mission of maintaining reliable,
efficient, and sustainable energy for consumers by setting three
primary goals: (1) ensuring that rates, terms, and conditions are
just, reasonable, and not unduly discriminatory or preferential;
(2) promoting the development of safe, reliable, and efficient
energy infrastructure that serves the public interest through the
review of natural gas and hydropower infrastructure proposals; and
(3) managing resourcing to support its mission through
organizational excellence.
Under each goal, FERC lays out several objectives. To ensure
just and reasonable rates, FERC's objective is to identify
emerging issues to determine where modification to its rules and
regulations is necessary. In addition, FERC set forth several
strategies to ensure that rates are just and reasonable,
including:
