The Federal Energy Regulatory Commission (FERC), located in Washington, D.C., regulates interstate sales of electricity and transmission of electricity. FERC also promotes strong national energy infrastructure, including adequate transmission facilities. Within FERC, the Office of Energy Market Regulation (OEMR) advises the Commission and processes caseload related to the economic regulation of the electric utility, natural gas and oil industries. The East division of OEMR deals with matters involving energy markets, tariffs and rates relating to electric utility facilities and services in the Eastern region of the United States.
As an intern in OEMR East, you will review and evaluate a variety of requests for FERC action, such as electric rate and tariff filings, waiver requests, compliance filings, requests for rehearings, and petitions for declaratory order, to determine whether proposals are just and reasonable and comply with statutory requirements and Commission policy and precedent. You will work with your colleagues to provide staff’s recommendations regarding FERC action on these filings.
You will collaborate with interdisciplinary teams, conduct analysis concerning market, legal, and/or policy issues, and participate in discussions that impact the functioning of electricity markets in New England, New York, the Mid-Atlantic, parts of the Midwest, and parts of the Southeastern U.S. In addition, you will conduct one or more independent research projects during your internship to develop expertise in specific topics related to the energy industry regulated by FERC.
You will be relied on to read and develop conclusions about proposed reforms to the structure and/or operations of energy markets in this region. You will be expected to conduct mostly qualitative analysis, but there are opportunities for more quantitative-based independent project work.
You can expect to learn about the fundamentals of electricity regulation, the basics of energy markets operated by Regional Transmission Organizations/Independent System Operators, the infrastructure of the electric transmission system, and the economic forces driving prices in markets for energy, capacity, and other services in wholesale electricity markets. You can also expect to learn about how different types of electric generating technologies (such as natural gas, nuclear, wind, solar, and storage systems) can provide energy to the grid. Along with other interns at FERC, you will be invited to attend trainings and field visits, which are available to analysts to increase their working knowledge of the industry.
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We can provide the intern with information about Washington, D.C. neighborhoods, apartment rental options in different locations, and public transportation. The FERC office can be accessed using public transportation.
We welcome applicants from all majors at Princeton who have an interest in the energy industry, and in particular, electricity market issues.
It is essential that s/he be an excellent writer and oral communicator. S/he must be able to prepare written products that are clear and concise, comprehensive, and persuasive. S/he will be expected to provide quality input to final work products with limited guidance, including both contributing to team discussion and drafting memos and other written products. S/he will be expected to accomplish work independently and on a timely basis. S/he will work closely with others in the OEMR Program Office and in other Commission Program Offices, and must be able to work well as a team player. S/he should be a self-starter and multi-tasker who can evaluate complex problems independently.
- Students majoring in economics, engineering, policy or a related discipline are well-suited for this position.
- Students pursuing the Sustainable Energy Certificate or who have demonstrated an interest in energy through relevant coursework or experience are preferred.
Writing Sample Required
- Cover letter
- Background Check
- Citizenship Requirements