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In this Episode
Guest: Pat Wood III, CEO, Hunt Energy Network and former chair, Federal Energy Regulatory Commission
Host: Todd Snitchler, president and CEO, Electric Power Supply Association
As former chair of the Texas Public Utility Commission and eventually the Federal Energy Regulatory Commission, Pat Wood helped found Texas’ competitive power market and introduce competition for electric generation across the United States. In this episode, he shares what it took to break up energy monopolies, the hurdles – including the Enron scandal – faced along the way, and how competitive power markets have delivered savings, choice, and technological transformation over nearly three decades.
“We were hell bent to make sure that the monopoly privilege would be wrung out of the system. That the most efficient providers would win. And that a lot of the things that are used to encumber new ideas would be washed away. We were relentless about rooting out inefficiencies and discriminatory practices and… old world tariffs.”
Pat Wood III, CEO, Hunt Energy Network
As EPSA celebrates our 25th anniversary year, the conversation sheds light on why competition was needed to bring better energy solutions to consumers and what is necessary to keep delivering on the progress it has enabled.
Production
Producer, Audio Editor: Christina Nyquist, communications director, Electric Power Supply Association
Hear Pat in Person:
Pat Wood will deliver keynote remarks at EPSA’s Competitive Power Summit on March 29, 2022 in Washington, D.C. Register now.
Learn More:
A Quarter Century of Competitive Power Solutions | EPSA PowerFacts Blog | January 12, 2022
