Energy: Chairman Changes - How FERC Leadership Shapes Policy
Last night, the White House announced that Federal Energy Regulatory Commission chairman Kevin McIntyre will step down into the role of commissioner, allowing Commissioner Neil Chatterjee to step into the chairman’s role. McIntyre’s health has been a concern for much of this year, and has prevented him from attending the last two FERC meetings. The two men are very different - Chatterjee’s background is in the Senate as energy advisor to Majority Leader Mitch McConnell (R-KY), while McIntyre co-led the global energy practice at the Jones Day law firm. No doubt, their diverse backgrounds provide both with different approaches to FERC and energy policy. In this report, we discuss sectors which we think may see a more favorable policy approach under Chairman Chatterjee and which may lose out.