Biden Pick for Energy Regulator to Play Key Role in Green Shift

As chairman, Glick can push for more comprehensive environmental reviews and prioritize projects to build power transmission lines, which can pave the way for more wind and solar farms.

Rich Glick - photo by Andrew Harrer - Bloomberg

Rich Glick, one of two Democrats on the U.S. Federal Energy Regulatory Commission, has been tapped by President Joe Biden to lead the agency set to play a pivotal role in the president’s goal to achieve a 100% clean grid by 2035.

Glick, who formerly worked for utility giants Iberdrola and PacifiCorp., was widely seen as Biden’s obvious choice to lead FERC, which is responsible for approving natural gas infrastructure and overseeing electricity markets.

“This is an important moment to make significant progress on the transition to a clean energy future,” Glick said in a statement on Twitter announcing Biden’s intention to nominate him as FERC chairman.​

​FERC is an independent agency that oversees the power grid, approves utility mergers and grants permits for gas pipelines. In recent years, the agency has been accused of becoming increasingly political and has faced calls to give greater consideration to climate change when approving projects.

As chairman, Glick can push for more comprehensive environmental reviews and prioritize projects to build power transmission lines, which can pave the way for more wind and solar farms.

“He can also accelerate the clean energy transition while retaining FERC’s fuel neutrality by simply pursuing pro-market electricity reforms that let all resources compete on their merits,” said Devin Hartman, director of energy and environmental policy at the conservative policy shop R Street Institute, in a statement.

Since his appointment as a commissioner in late 2017, Glick has raised concerns that the agency hasn’t adequately considered climate change and impacts on poor communities when it makes decisions about fossil fuel projects. He was also an outspoken critic of FERC’s weakening enforcement insight, which culminated in a record-low number of energy-market manipulation cases last year.

“Paired with a Democratic-leaning Congress and a climate-thinking Biden administration, Glick may hope to formalize a more comprehensive form of environmental review for pipeline certificates,” BloombergNEF analyst Brianna Lazerwitz said in an email. “FERC may gain purview to evaluate the environmental impacts of natural gas consumption, and not just the impact of building the pipeline itself.”

While Glick will hold the gavel and control the agenda, Republicans will hold a majority on the five-member panel until the middle of the year, when Biden can appoint a new commissioner.

Even so, Republican Neil Chatterjee, whom President Donald Trump demoted from chairman to commissioner in November, could become the swing vote in key areas. The former aide to Senator Mitch McConnell has been embracing decarbonization, endorsed carbon pricing and supported efforts to integrate more renewables and battery technology.

(Updates with background and BNEF comment
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Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor.   He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino. Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.