Jon Wellinghoff named FERC Chairman

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Wolverine

Uncanny Pompadour
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My sources say he's big on wind ("big-winded"?), likes the 765 grid concept (make that 765 billion grid), and favors electric vehicles. He also reflects the present administrations preference for more Federal involvement (regulation) in the power utility business. :suicide:

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Wellinghoff Named Acting FERC Chairman
[SIZE=14pt] [/SIZE]President Barack Obama has named Jon Wellinghoff Acting Chairman of the Federal Energy Regulatory Commission.

Acting Chairman Wellinghoff responded that he looks forward to serving the President and the nation in this capacity.

"I thank President Obama for the opportunity to lead FERC at a time when our nation faces the challenge of providing consumers with access to clean, renewable energy and ensuring that our nation can deliver that energy in the most efficient, smart and technologically sophisticated manner possible. I look forward to working with my FERC colleagues, FERC staff, the public and the energy industry to turn these energy challenges into a reality."

Outgoing Chairman Joseph T. Kelliher offered his congratulations.

"Jon has the intelligence, experience, judgment and independence to lead FERC as the agency discharges its historic responsibilities and confronts new challenges."

 
Yea, he's full of wind alright...

"Efficient, smart, and technologically sophisticated"

Kind of like the old addage about being good, fast, and cheap... you can only pick two...

 
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