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Getting your player ready...

WASHINGTON — Joseph Kelliher will step down as chairman of the Federal Energy Regulatory Commission effective Jan. 20, coinciding with the end of the Bush administration.

Kelliher, a Republican, initially will stay on as one of five commissioners “but will immediately begin to recuse himself from FERC business as he explores other career opportunities,” said agency spokeswoman Mary O’Driscoll.

His decision to step down as chairman had been expected as President-elect Barack Obama is all but certain to select a Democrat to head the agency that oversees power- grid reliability and wholesale natural-gas markets.

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