"The Federal Energy Regulatory Commission has eliminated its Division of Energy Market Oversight (DEMO), which is part of the agency's enforcement branch and oversees the nation's natural gas and electric power markets and related energy and financial markets.
The previously unreported move, confirmed by FERC on Friday, will be formally announced by Chairman Neil Chatterjee at the agency's meeting Thursday. Effective today, DEMO's functions will be delegated to other FERC offices.
"This reorganization will allow the Office of Enforcement to be more focused on its core mission: continuing oversight of market activities, investigations and audits," said Larry Parkinson, director of the Office of Enforcement, in an email."
Jeremy Dillon and Rod Kuckro report for EnergyWire September 16, 2019.
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