Energy market participants -- both energy industries and large-scale energy users -- identify energy policy as a key element framing the investment environment in the near to long-term future. The incoming Biden administration has a well-publicized plan for the direction of its energy and climate policy, and the transition team has already begun its work. But the new administration is likely to face a congress that continues to be divided along old party lines. Which parts of the Biden energy and climate policy could be possible to implement? Which parts could become a durable policy? Do we expect these changes to substantially impact the energy investment environment? What do energy industry participants expect? We will have lively discussion from the panel and will also take questions from webinar attendees.
James L. Sweeney, Stanford University, is professor of management science and engineering. Professional activities focus on economic policy and analysis for energy and the environment, especially energy efficiency. He is senior fellow of the US Association for Energy Economics, Hoover Institution, Precourt Institute for Energy, and Stanford Institute for Economic Policy Research. Sweeney was founding chair of the California Energy Commission’s Petroleum Market Advisory Committee and founding director of the Precourt Energy Efficiency Center.
Sweeney was editor (with Alan Kneese) of the three volume Handbook of Natural Resource and Energy Economics, author of The California Electricity Crisis – an analytical history of California’s electricity restructuring and subsequent crisis – and of Energy Efficiency: Building a Clean, Secure Economy. Jim earned an MIT bachelor’s degree in electrical engineering and a Stanford PhD in engineering-economic systems.
John W. Jimison is an attorney and energy policy expert, continuing a 49-year professional career as President of Energy Future Services, Inc., his own firm. In addition, he supports several non-profit energy and environmental organizations on a pro-bono basis. From 2011 to 2016 he was Managing Director of the Energy Future Coalition of the United Nations Foundation, and Adjunct Professor of Energy Policy at the Johns Hopkins University. From 2007 to 2011, Mr. Jimison served as Senior Counsel to the Energy and Commerce Committee of the U.S. House of Representatives, with lead staff responsibility for legislation concerning energy efficiency, electric grid modernization, energy markets, and strategic petroleum reserves. He was responsible for staffing many current statutory provisions and negotiating their enactment. Mr. Jimison practiced law from 1987 through 2006 in Federal and state forums, representing clients subject to federal and state natural gas regulation, cogeneration policy, and Canadian gas import issues. From 1982-1985, he was Principal Administrator at the International Energy Agency in Paris, France, responsible for electricity and natural gas policy and analysis, as well as the designated country expert for Spain and Australia. During the period from 1972 through 1981 he held several positions on Capitol Hill, including a previous period as Counsel to the Energy and Commerce Committee, service as Head of the Energy Section of the Congressional Research Service (Library of Congress), and as Professional Staff to the Senate Commerce Committee.
Joseph T. Kelliher is a former Executive Vice President-Federal Regulatory Affairs for NextEra Energy, Inc. (NextEra) and former Chairman of the Federal Energy Regulatory Commission (FERC).
Mr. Kelliher was responsible for developing and executing FERC regulatory strategy for NextEra and its principal subsidiaries, NextEra Energy Resources and Florida Power & Light Company, from 2009 to 2020. NextEra is the largest electricity company in the U.S., one of the few national electricity companies, operating in every region and every organized market, and the most complex company regulated by FERC, with multiple business lines subject to FERC regulation.
Previously, Mr. Kelliher served as chairman of the Federal Energy Regulatory Commission (FERC) from 2005 to 2009. A hallmark of his chairmanship was efficient implementation of the Energy Policy Act of 2005, the largest expansion in FERC regulatory authority since the 1930s. This law gave FERC a new mission to assure reliability of the interstate power grid, granted the agency strong enforcement authority for the first time and expanded FERC powers in other areas. Chairman Kelliher pursued a series of reforms to promote competitive wholesale power and natural gas markets, improve FERC economic regulation and strengthen the U.S. energy infrastructure.
Mr. Kelliher has spent his entire professional career working on energy policy matters, serving in a variety of roles in both the public and private sectors. These include senior policy advisor to the U.S. Secretary of Energy, majority counsel to the U.S. House Commerce Committee and positions with private corporations, trade associations and law firms.
Philip Sharp serves on advisory boards to Columbia's Center on Global Energy Policy; MIT's Energy Initiative; and Harvard's Institute of Politics. He is a board member of Eco-America; the Energy Action Fund; and the Bipartisan Center Action.
In 2016, the Secretary of Energy awarded him the James Schlesinger Energy Security Medal.
He taught "Making Climate Policy in the US" at Columbia U. (2016) and Georgetown U. (2017)
He served in Congress (D-IN, 1975-1995); taught at the Kennedy School of Government (1995 to 2002) and was Director of Harvard's Institute Of Politics; served as president of Resources for the Future (2005-2016).
Previously, he was a board director for Duke Energy Corp; EPRI; and the Energy Foundation. He served on the National Academies of Sciences's panel: "America's Climate Choices" and on the President's "Blue Ribbon Commission on the Future of Nuclear Energy."
He received a PhD in government from Georgetown University.
Sue Tierney is a Senior Advisor at Analysis Group, where she consults on energy economics, regulation, and policy, particularly in the electric and gas industries. Previously, she served as the Assistant Secretary for Policy at the U.S. Department of Energy, and in Massachusetts she served as Secretary of Environmental Affairs, Commissioner at the Department of Public Utilities, and Executive Director of the Energy Facilities Siting Council. She currently serves on a number of boards including ClimateWorks, Resources for the Future, the Barr Foundation, World Resources Institute, and the Energy Foundation. She is on the advisory councils at Duke University's Nicholas Institute for Environmental Policy Solutions, Columbia University's Center for Global Energy Policy, New York University's Policy Integrity Institute, and the NYISO. She is a member of two National Academies of Sciences' Committees: the Future of Electric Power in America; and Accelerating Decarbonization in the United States. She recently chaired the Department of Energy's Electricity Advisory Committee. She earned her Ph.D. and M.A. in regional planning at Cornell University and her B.A. at Scripps College.
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