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Tue, Mar 24, 2020

The implications of the coronavirus crisis on the global energy sector and the environment

The current drop in oil demand—caused, in large part, by severe reductions in travel due to the coronavirus—combined with the Saudi-Russia oil price war has simultaneously, if temporarily, lowered greenhouse gas emissions (GHG). However, the drop in GHG emissions is likely to be unsustainable in the long term, and the currently low cost of oil has raised questions about the future of clean energy deployment and climate action.

New Atlanticist by Jennifer T. Gordon

Coronavirus Energy & Environment

Thu, Aug 30, 2018

Puerto Rico chooses concession: Two strikes to date

This piece is the second by the author on Puerto Rico’s electricity system. You can read the first piece here. The government of Puerto Rico has selected “concession” as the method of privatizing the transmission and distribution assets of the commonwealth’s electric system, Puerto Rico Electric Power Authority (PREPA). This privatization through “concession” of transmission […]

EnergySource by Branko Terzic

Energy Markets & Governance Latin America

Thu, Jul 19, 2018

Puerto Rico’s electric industry transformation

Following the tragic weather events of 2017, the state of Puerto Rico’s infrastructure, particularly energy infrastructure, has been a contentious issue. In fact, even before Hurricane Maria, Puerto Rico’s electric service provider, Puerto Rico Electric Power Authority (PREPA), had been struggling with mismanagement and teetered on the brink of financial collapse for years. The damage […]

EnergySource by Branko Terzic

Energy Markets & Governance Energy Transitions

Full Bio

Branko Terzic is a senior fellow with the Atlantic Council’s Global Energy Center and managing director at Berkeley Research Group (BRG) LLC in Washington, DC. His national and international career in energy and the regulated public utility industries has included service as commissioner on the US Federal Energy Regulatory Commission, commissioner on the State of Wisconsin Public Service Commission, and as a management consulting engineer and energy company chief executive officer (CEO).

Prior to joining BRG, Terzic served as executive director of the Deloitte Center for Energy Solutions (2011-2014), global and US regulatory policy leader in energy and resources for Deloitte Services (1999-2014), and regional managing partner for energy, resources, and infrastructure for Deloitte & Touche Central Europe (1999-2004). He was chairman, president, and CEO of Yankee Energy System, Inc. (1994-1999), managing director of the Arthur Andersen Economic Consulting (1993-1994), commissioner on the Federal Energy Regulatory Commission (1990-1993), group vice president at AUS Consultants (1986-1990), commissioner on the State of Wisconsin Public Service Commission (1981-1986), partner in Terzic & Mayer Public Utility Consultants (1979-1981), vice president at Associated Utility Services, Inc.( 1976-1979), valuation engineer at the American Appraisal Company (1974-1976), and special investigations engineer and later environmental engineer for the Wisconsin Electric Power Company (1972-1974).

He has been a member of the National Petroleum Council and National Coal Council and is a former chairman of the United Nations Economic Commission for Europe (UNECE) Ad Hoc Group of Experts on Cleaner Electricity Production (2007-2012). He was the founding chairman of the State of Wisconsin Racing Board (1988-1990).

Terzic has published articles in numerous energy and finance publications including the magazines of the Edison Electric Institute and American Gas Association, as well as Public Utilities Fortnightly, Oil & Gas Investor, and others. His biweekly column “Terzic on Strategy” was published from 1999 to 2009 in New Power Executive. He appears regularly on CNN International and has appeared as a commentator on numerous TV news programs including CNN, CNBC, Fox Business, PBS, Voice of America, and Al Jezeera. His chapter on energy appeared in THE WORLD CRISIS: The Way Forward After Iraq (Constable, London 2008), edited by Robert Harvey.

Terzic was elected to the Energy Efficiency Forum Hall of Fame (2009) and was honored with the “Champion Award” by The Women’s Council on Energy and Environment (2008) as well as other industry awards. Terzic has been a faculty member of the Washington Campus consortium of sixteen university MBA programs since 2005. He is a founder of the Society of Depreciation Professionals and a member of the American Society of Mechanical Engineers, Association of Energy Engineers, International Association for Energy Economics, Energy Bar Association, and other organizations. He has served on the board of the National Regulatory Research Institute and is a past chairman of the Natural Gas Roundtable.

Terzic served as a captain, Field Artillery in the Wisconsin Army Reserve/National Guard and was a Foreign Area Officer – Eastern Europe in the US Army Reserve.

He holds a BS in Energy Engineering (1972) and was awarded an honorary Doctor of Sciences in Engineering both from the University of Wisconsin-Milwaukee (May 17, 2009).