Competitive power markets can do the job of keeping the lights on during winter weather. But we are committed to improving system performance.
TODD SNITCHLER, PRESIDENT AND CEO, ELECTRIC POWER SUPPLY ASSOCIATION
The latest report from the Federal Electricity Regulatory Commission (FERC) and the North American Electric Reliability Corporation on last December’s historic and tragic Winter Storm Elliott paints a sobering picture. The power system came close to the brink, putting essential services and even more lives at risk. As major providers of electricity in the Northeast and throughout the U.S., we hold reliable operations as our top priority – and are committed to doing better.
FERC Chairman Willie Phillips stated his view plainly, “It’s abundantly clear that we must make major improvements to the cold-weather reliability of both the natural gas and electricity production and grid systems.” We agree.
But as we continue to work with our member companies and all relevant stakeholders to understand what happened, the many elements and sectors that faltered, and the path forward, this report provides even more data to give us a concrete roadmap for how to make sure our electric grid is reliable even in extreme conditions …
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