Who's on First? The Coordination of Gas and Power Scheduling

With the dramatic drop in the price of natural gas in North America, the tightening of environmental regulations and the drop in demand for electricity through much of the US and Canada, the need for coordination of natural gas and electricity markets has become more acute. FERC has a significant role to play in the coordination of the timing of these markets and is the entity that can oversee both economic and physical efficiency of operation.