Energy Markets:

FERC Chairman Pat Wood lays out broad agenda for FERC's attention this year

The utilities sector has seen plenty of upheaval lately: a major blackout in the Northeast, a power-supply crisis in California, fallout from the Enron scandal, and skyrocketing prices for natural gas. What will 2005 bring? E&E Daily editor Colin Sullivan and senior energy reporter Mary O'Driscoll talk with Pat Wood, chairman of the Federal Energy Regulatory Commission. He cites reliability and security of the grid, improving the Midwest ISO, and more dependable access to affordable natural gas as three priorities for FERC to address early this year.