OurEnergyPolicy Energy Leaders Webinar Series: Proposed Federal Clean Energy Standards on Wednesday, July 28
For Immediate Release: July 26, 2021
Contact: Christina Nyquist | cnyquist@epsa.org
Washington, D.C. – Todd Snitchler, president and CEO of the Electric Power Supply Association (EPSA) will moderate a panel discussion Wednesday, July 28, on current federal clean energy standard (CES) proposals featuring opening remarks by Sen. Tina Smith (D-MN) and hosted by OurEnergyPolicy. EPSA is the national trade association representing competitive power suppliers. OurEnergyPolicy is a non-partisan, non-profit organization that facilitates substantive dialogue on some of the most important energy policy issues today.
A panel of experts will address the status of a CES in infrastructure bill negotiations and other Congressional policy proposals, with perspectives on the policy’s benefits and drawbacks as well as how and whether it should be implemented.
OurEnergyPolicy Energy Leaders Webinar Series: Proposed Federal Clean Energy Standards
Date and Time: Wednesday, July 28, 12-1:00 p.m. EDT
Moderated By: Todd Snitchler, president, Electric Power Supply Association
Opening Remarks By: Senator Tina Smith (D-MN)
Featuring:
- Devin Hartman, Director, Energy & Environmental Policy, R Street Institute
- Arne Olson, Senior Partner, Energy and Environmental Economics, Inc.
- Lindsey Walter, Deputy Director, Climate and Energy Program, Third Way
Competitive Clean Energy Policy for a Reliable, Affordable Transition
As the Biden Administration and U.S. Senate consider clean energy policies that can deliver an energy transition that is affordable and reliable, a well-designed CES can deliver significant benefits until economy-wide carbon pricing can be implemented. An analysis conducted last fall by Energy and Environment Economics (E3) showed that a regional, technology inclusive, market-based CES in the PJM Interconnection region would achieve nearly identical reductions in greenhouse gas emissions as a carbon price at a similar cost. It would also spur investment in new generation technology – reducing emissions by 80 MMT in 2030 at a savings of $2.8 billion compared to existing state policies, which are projected to raise electricity bills by $3 billion per year by 2030.
CES that leverages the ability of competitive electricity markets to efficiently deliver substantial emissions reductions at the least cost to consumers, while providing mechanisms to help ensure reliable power. See EPSA’s policy recommendations for a well-designed CES and competitive decarbonization policy.
###
The Electric Power Supply Association (EPSA) is the national trade association representing America’s competitive power suppliers. EPSA members provide about 150,000 MW of reliable and competitively priced electricity from environmentally responsible facilities using a diverse mix of fuels and technologies including natural gas, wind, solar, hydropower, geothermal, storage, biomass, and coal. EPSA seeks to bring the benefits of competition to all power customers. Learn more at www.epsa.org and connect with us on LinkedIn and Twitter @EPSAnews.
