Head of Federal Energy Regulatory Commission Resigns
WASHINGTON D.C. - The head of the Federal Energy Regulatory Commission is resigning.
A spokesman says the FERC Chairman, Jon Wellinghoff has submitted his resignation letter to President Barack Obama.
The spokesman says Wellinghoff will continue as the chairman at the commission until the Senate nominates and confirms a replacement.
Wellinghoff, a former Nevada utility regulator, has served as chairman of the energy panel since 2009 and has been a commission member since 2006.
FERC is an independent agency that regulates the interstate transmission of electricity, natural gas, and oil.
Senate Energy Committee Chairman Ron Wyden of Oregon says Wellinghoff launched important investigations to protect consumers from manipulation of energy markets and pushed to increase renewable energy supplies.