Federal Power Commission

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Federal Power Commission

A former agency of the U.S. federal government that licensed hydroelectric projects on federally owned land and regulated natural gas and interstate electric sales. It was established in 1930 and was replaced by the Federal Energy Regulatory Commission in 1977.
References in periodicals archive ?
Currently the FPC can only recommend these policies, but the government has been clear that it is keen to work with the FPC to ensure it has the powers it needs to safeguard the stability of Britain s financial system, on which businesses and families across the country depend.
Pedersen will continue to work with FPC and, will soon begin investigating opportunities for establishing print production in Asia.
Mr Carney said he had also instituted an annual review of FPC members' business interests, to report to him and the Court of the Bank of England.
Once again I find myself in two minds - pleased that people see the point of having a body like the FPC around to stop things getting out of hand but concerned that the expectations both of the scope of our role and of our ability to achieve an outcome are expanding so fast.
It is therefore particularly important that the appointment process and early exchanges between the Treasury and the FPC don't give the appearance that it has been compromised.
Discussing the City regulator's liquidity guidelines, the FPC minutes said: "Members considered whether there was a case for going further by recommending the suspension or easing of the current guidance.
Ashok Goel, Chairman, Gulf Petrochem Group, said: "Participation of FPC in our project underlines the importance of the storage terminal business as a tool for socioeconomic progress in the emirate and across the region.
The FPC, an official committee of the Bank of England, chaired by the Bank's governor, Sir Mervyn King, currently meets on an interim basis before it is given full legislative powers next year.
Since the beginning of this year, FPC USA has seen substantial growth in profitability due to adoption of low-cost natural gas, posting NT$8.
If the plans go ahead, the FPC would start buying input materials such as fuel and cardboard centrally on behalf of its members, creating large economies of scale and potentially significant savings at a time when many raw materials have increased in price.
Aquaflex will be demonstrating the new ELS Servo 16" and the FPC Servo packaging press.
With actual production begun in the Fall 2001, the foundry currently is using FPC to produce gray iron cylinder heads for some of Volvo's 9 and 12 liter engines.