Testimony of the Electric Power Supply Association
Regarding the Energy Infrastructure Act
U.S. Senate Energy and Natural Resources Committee
June 24, 2021
Section 3203 is antithetical to competitive markets, and we urge Congress to pursue a different path. We recognize comprehensive climate policy, such as a carbon price or a well-designed clean energy standard may be politically difficult today, but instead of subsidizing profitable nuclear power plants, we urge Congress focus on maximizing the incentive for private investment in the clean technologies necessary for tomorrow’s grid. The discussion draft largely does just that, but Section 3203 misses the mark.