Another U.S. Regulator Joining Utility Revives Watchdog Concerns
- Veteran of federal energy commission joins utility owner PSEG
- Departure comes after ex-commissioner was hired by trade group
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The list of people leaving the nation’s chief energy regulator to take jobs with the industry it oversees keeps growing, raising concerns about the agency’s ties to companies.
Larry Gasteiger, chief of staff at the Federal Energy Regulatory Commission -- which decides on everything from utility mergers to multibillion-dollar natural gas pipeline projects -- is joining Public Service Enterprise Group Inc. as its chief of federal regulatory policy, the Newark, New Jersey-based power and gas utility owner said Thursday.