How PJM Interacts with FERC FERC is the principal regulatory agency having jurisdiction over PJM, its markets and its services. PJM interacts with FERC in many ways: Formal filings to amend PJM governing documents Answers to FERC proposed rulemakings and FERC staff inquiries, including by the Office of Enforcement Participates in FERC technical conferences and workshops Meets with FERC staff and Commissioners to inform them of PJM’s initiatives and listen to their feedback before finalizing changes to any of PJM’s processes and governing documents FERC Does FERC Does Not Act as an independent federal agency Regulate the transmission and wholesale sales of electricity in interstate commerce Review certain mergers and acquisitions and corporate transactions by electricity companies Monitor energy markets and enforce FERC regulatory requirements through imposition of civil penalties and other means Regulate retail electricity and natural gas sales to consumers Approve the physical construction of electric generation facilities Regulate activities of the municipal power systems, federal power marketing agencies like the Tennessee Valley Authority, and most rural electric cooperatives Regulate nuclear power plants Regulate carbon dioxide emissions or air pollutants Learn more about FERC at FERC.gov How Does PJM Participate in FERC Proceedings? Governing Documents All governing documents (OATTs, OAs, RAAs, TOAs, ISAs, JOAs, etc.) must be filed and accepted by FERC under the statutory standards of the Federal Power Act (FPA). PJM Open Access Transmission Tariff Operating Agreement Reliability Assurance Agreement Transmission Owners Agreement Interconnection Service Agreement Joint Operating Agreement Governing Documents Required by: Rulemaking Proceedings Initiated by FERC: What Actions Can FERC Take?