Branko Terzic is a former Commissioner of the U.S. Federal Energy Regulatory Commission (FERC), Commissioner on the State of Wisconsin Public Service Commission (WPSC), and Chairman, CEO and President of the holding company Yankee Energy System Inc. and subsidiary Yankee Gas Services Company (Meriden, CT).
An international consultant to corporations, multilateral lending agencies, and governments on energy, infrastructure, and network industry issues, Dr. Terzic has extensive experience in the oil and gas industry in valuation, management, and regulation having regulated natural gas distribution companies at retail, interstate natural gas, and oil pipelines at the FERC and serving as CEO of a natural gas distribution company.
Currently Executive Director of the Deloitte Center for Energy Solutions (Houston, TX and Washington, D.C.) and Regulatory Policy Leader in Energy & Resources for Deloitte Services, LP (Washington, D.C.), Dr. Terzic also serves as Chairman of the United Nations Economic Commission for Europe (UN ECE) Ad Hoc Group of Experts on Cleaner Electricity Production from Coal and Other Fossil Fuels (Geneva, Switzerland). In 2010, he was appointed to the national Coal Council, the advisory body to the U.S. Secretary of Energy, having previously served on the DOE Secretary’s National Petroleum Council.
From 1999-2002, he also served as Regional Managing Partner for the Resources, Energy & Infrastructure Practice Group of Deloitte & Touche Central Europe (Prague, Czech Republic). In 1995, he was elected a Fellow (“FRSA”) of The Royal Society for the encouragement of Arts, Manufactures and Commerce (RSA) in London, England.
Active in energy and regulatory organizations, Dr. Terzic was Chairman of Natural Gas Roundtable, and Chairman of the “DISCO of the Future” Forum for distribution gas and electric companies (Washington, D.C.). He is a founding member of the Society of Depreciation Professionals and currently serves on the executive councils of the National Energy Efficiency Forum and the Bordeaux Energy Colloquium. He was elected to the Energy Efficiency Forum Hall of Fame in 2009.
As a WPSC commissioner, Dr. Terzic chaired the National Association of Regulatory Utility Commissioners (NARUC) Committee on Engineering, Valuation and Depreciation and later chaired the successor Committee on Finance and Technology. As a FERC Commissioner, Dr. Terzic chaired two special committees: the FERC Task Force on Interstate Gas Pipeline Competition and the FERC Task Force on Incentive Rates. As CEO of Yankee, he served on the Board of Directors of the American Gas Association.
Earlier in his career, he was managing director in Arthur Andersen LLP, Group Vice-President of AUS Consultants, Partner in Terzic & Mayer, and Vice President of Associated Utility Services Inc. He began his career in utility valuation with the American Appraisal Company and Wisconsin Electric Power Company (parent of Wisconsin Natural Gas Company) in Milwaukee, Wisconsin.
During his career, he has been a U.S. delegate to Trans-Atlantic Business Dialogue, a frequent speaker at energy industry events, and has lectured at the U.S. Departments of Energy and State and has been a consultant to the World Bank, U.S. Agency for International Development, and the Inter-American Development Bank.
Dr. Terzic’s articles and commentary have appeared regularly in Public Utilities Fortnightly, New Power Executive, Deregulation Watch, Natural Gas, Oil and Gas Financial Journal, The Desk and other publications. He has appeared on PBS specials and PBS’s Nightly Business Report, McNeil-Lehrer News Hour, Fox Business, CNBC and CNN’s Lou Dobbs Show and The White House Chronicle television programs in the U.S. In Yugoslavia he has been featured on the television programs of Voice of America and Nedelni Telegraph. His current columns include “Terzic on Strategy” in Energy Metro Desk and “Commentary” in European Energy Review. His chapter on energy appears in The World Crisis: The Way Forward After Iraq (Constable, London 2008) edited by Robert Harvey.
He holds a B.S. degree in engineering (B.S.E.) and an honorary Doctor of Sciences (Sc.D.) in engineering from the University of Wisconsin-Milwaukee. He is a registered Professional Engineer in Wisconsin.