WASHINGTON, D.C., Jan. 8, 2020 – National business group Advanced Energy Economy reacted the release of a legislative framework by U.S. House Energy and Commerce Committee Democratic leaders to expand clean energy adoption to 100% by 2050 and ensure fairness of competitive wholesale electricity markets.

"We applaud House Democratic Committee Leaders for introducing an ambitious yet achievable legislative outline to reach a 100% clean energy economy by 2050. We are pleased that the draft embraces the role of competitive markets in providing consumers with access to advanced energy resources," said Dylan Reed, director at Advanced Energy Economy.

"Competitive wholesale electricity markets with fair market rules and a level playing field for advanced energy can and will facilitate achievement of a 100% clean grid at lower cost while increasing grid reliability, fostering innovation, and creating jobs across the country," said Reed. "In addition, this legislative outline offers a path for businesses and households to choose to have their electricity come from these energy resources. We look forward to working with Congress on this legislation."

About Advanced Energy Economy:
Advanced Energy Economy (AEE) is a national association of businesses that are making the energy we use secure, clean, and affordable. Advanced energy encompasses a broad range of products and services that constitute the best available technologies for meeting energy needs today and tomorrow. AEE’s mission is to transform public policy to enable rapid growth of advanced energy businesses. Engaged at the federal level and in more than a dozen states around the country, AEE represents more than 100 companies in the $238 billion U.S. advanced energy industry, which employs 3.5 million U.S. workers. Learn more at www.aee.net, track the latest news @AEEnet.