Electricity Regulation refers to the rules and guidelines set by government agencies to oversee the production, distribution, and consumption of electricity. These regulations ensure that electricity is provided safely, reliably, and at fair prices. They also promote competition among electricity providers and protect consumers from unfair practices. Regulatory bodies, such as the Federal Energy Regulatory Commission (FERC) in the United States, play a crucial role in managing the electricity market. They establish standards for power plants, oversee transmission networks, and ensure that renewable energy sources are integrated into the grid, supporting a sustainable energy future.