Energy regulation refers to the rules and guidelines set by government agencies to oversee the production, distribution, and consumption of energy. This includes electricity, natural gas, and renewable energy sources. The goal is to ensure fair pricing, promote safety, and protect the environment while encouraging competition among energy providers. Regulatory bodies, such as the Federal Energy Regulatory Commission (FERC) in the United States, monitor energy markets and enforce compliance with laws. They also facilitate the transition to cleaner energy sources, aiming to reduce greenhouse gas emissions and support sustainable practices in the energy sector.