Home Investing News Biden nominates two Democrats, one Republican to federal energy regulator

Biden nominates two Democrats, one Republican to federal energy regulator


Biden nominates two Democrats, one Republican to federal energy regulator By Reuters

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Published Feb 29, 2024 05:58PM ET
Updated Feb 29, 2024 06:11PM ET

© Reuters. High tension power lines are seen in Sacramento County in Sacramento, California, U.S. January 9, 2023. REUTERS/Fred Greaves/File Photo

WASHINGTON (Reuters) – President Joe Biden on Thursday nominated two Democrats and one Republican to the Federal Energy Regulatory Commission (FERC), an independent panel that rules on energy transmission and liquefied natural gas projects.

The two Democrats nominated were David Rosner, a FERC energy industry analyst currently on detail with the U.S. Senate energy committee, and Judy Chang, an energy economics and policy expert and former undersecretary of energy and climate solutions for Massachusetts.

The Republican, Lindsay (NYSE:LNN) See, recommended by Senate Minority Leader Mitch McConnell, is the solicitor general of West Virginia. The nominees must be confirmed by the Senate.

FERC has been mainly known recently for approving natural gas pipelines and LNG export terminals.

It is expected to issue rules this year that could expand or upgrade electricity transmission, getting power from wind and solar projects to cities, which would help implement measures in Biden’s climate legislation, the Inflation Reduction Act.

The panel, which has a maximum of five members, currently has two Democrats and one Republican. This month Biden promoted Willie Phillips to head FERC. Shortly afterwards, Allison Clements, the other Democrat, said she would not seek a second term after her current one expires June 30. Clements could choose to stay until year’s end.

If the nominees are confirmed, they could play a role in approving LNG projects after the lifting of Biden’s pause on new applications for exports of the fuel to big markets in Asia and Europe. The pause could last until after the Nov. 5 elections.

A backer of natural gas praised Biden for starting the process on filling FERC seats.

“Vacancies at FERC potentially risk the development of the energy infrastructure needed to deliver natural gas to American homes and businesses and to our allies abroad,” said Amy Andryszak, head of the Interstate Natural Gas Association of America.

An environmentalist said the nominees have big roles to play in the switch to low-carbon energy.

“It would be a shame if these presidential appointees squandered the limited time left to transition off fossil fuels and ensure renewable energy is built responsibly,” said Gaby Sarri-Tobar, energy justice campaigner at the Center for Biological Diversity.

Biden nominates two Democrats, one Republican to federal energy regulator

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