• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Electric Power Supply Association

  • Podcast
  • About EPSA
    • Our Policy Principles
    • EPSA Members
    • Our Staff
    • Careers
  • Contact
  • FAQ
EPSA

EPSA

  • Filings
    • Federal Energy Regulatory Commission
    • Federal
    • Judiciary
    • State
    • ISOs/RTOs
  • Newsroom
    • Press Releases
    • Media Contacts
    • Power Moves Newsletter
    • Factsheets and White Papers
    • Opinion and Commentary
    • Social Media
    • Podcast
  • Competitive Solutions
    • Reliable Power
    • Cost Savings
    • Environmental Progress
      • Competitive Emissions Policy Primers
    • Energy Innovation
    • In Your State
  • For Members
    • EPSA Membership
    • Committees
  • PowerFacts Blog
Home / FAQs / How does competition among power generators help the environment?

April 25, 2020

How does competition among power generators help the environment?

By EPSA

Competitive power markets are a path to accelerate clean energy growth while maintaining a strong economy and keeping energy prices low. Clean energy has become increasingly cost competitive, with natural gas and renewable resources among the cheapest fuels on the market today. Power generators have followed price signals to retire thousands of megawatts of coal to switch to natural gas and renewables—resulting in tremendous emissions reductions without relying on expensive subsidies, rate passthroughs, or mandates.

Regional wholesale markets such as those overseen by PJM Interconnection, the New York Independent System Operator (NYISO), and ISO-New England provide significant benefits for customers and reliability. The markets have also resulted in emissions reductions as signals incentivized greater efficiency and coal plant retirements. In the PJM region alone, emissions have declined 34% since 2005, with annual cost savings of $3.2-4 billion. In New York, emissions have dropped 51% with a 23% decrease in costs since NYISO’s inception.

Learn more about how competitive power suppliers are improving our environment.

Primary Sidebar

Home Page Help Area

Sign up for EPSA’s Power Moves newsletter – a monthly update on the road to a cleaner, affordable and reliable energy future that works for all Americans.

LEARN MORE

Footer

1401 New York Ave. NW
Suite 950
Washington, DC 20005

p 202.628.8200
f 202.628.8260

  • Facebook
  • LinkedIn
  • Twitter
  • Home
  • About EPSA
  • Filings
  • Newsroom
  • For Members
  • Contact
  • PowerFacts Blog
  • FAQ

Copyright © 2023 | Electric Power Supply Association. All rights reserved. | Privacy Policy >