AEE Reacts to EPA's Proposal to Withdraw Clean Power Plan
WASHINGTON, Oct. 10, 2017 — In expectation of the U.S. Environmental Protection Agency's proposal to withdraw the Clean Power Plan later today, Advanced Energy Economy released the following statement.
“We are disappointed by today’s proposal to withdraw the Clean Power Plan and restart the regulatory process from scratch,” said Matt Stanberry, vice president, market development at Advanced Energy Economy. “The Clean Power Plan rightly treated the electric power system as a system – including power generators, end users, and a range of technologies and systems in between – rather than simply a collection of power plants. This system approach sought emission reductions where they were cheapest. As advanced energy technologies and services provide many of the most cost-effective solutions, the market-based compliance mechanism under the rule represented a $20 billion a year market opportunity for our industry, which currently generates $200 billion in U.S. revenue annually and supports more than 3 million U.S. jobs.
"As EPA develops new regulations, we urge EPA not to impose on consumers the cost of expensive investments in outmoded power plants that will produce only marginal environmental benefits," said Stanberry. "Rather, we call on the Agency to recognize and capitalize on the cost advantages offered by the full suite of advanced energy technologies available in today’s electricity marketplace.”
About Advanced Energy Economy
Advanced Energy Economy 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. AEE and its State and Regional Partner organizations are active in 27 states across the country, representing more than 1,000 companies and organizations in the advanced energy industry. Visit AEE online at www.aee.net.