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Five Ways Congress Can Modernize the U.S.
Electric Power Grid
New policy paper describes methods to accelerate advanced energy investment and innovation, drive economic growth, and reduce costs to consumers
Washington, D.C., August 2, 2018 — Today, Advanced Energy Economy (AEE) and Citizens for Responsible Energy Solutions Forum (CRES Forum) released a policy paper outlining five recommendations to modernize the U.S. electric power grid. By unleashing advanced energy investment, encouraging innovation in the electricity sector, and providing more affordable energy options for all consumers, there are opportunities for Congress to expand our economy and invest in new energy resources. AEE and CRES Forum offer these recommendations for consideration in an effort to accomplish key economic and energy goals for the U.S.
The five recommendations embrace different technologies and innovations while also moving toward a more clean, secure, and affordable grid. These ideas include:
“We see several ways Congress can drive market-based solutions that will drive investment and innovation in the economy while bringing affordable energy options to all Americans,” said Dylan Reed, Head of Congressional Affairs for Advanced Energy Economy. “Advanced energy already represents a major part of our economy as a $200 billion industry supporting more than 3 million jobs across the United States. These ideas can help drive even more economic and job growth while saving consumers money to put back into their wallets.”
”CRES supports an all-of-the-above strategy when it comes to energy. We believe that these market-based solutions offer an opportunity for all Americans to benefit from clean energy technology and policies designed to encourage energy innovation, energy efficiency, and energy storage,” said CRES Forum Director of Policy and Advocacy Charles Hernick. “Our hope is that this guide provides energizing ideas for clean energy advocates, thought leaders, legislators, and think tanks alike. We see the value for consumers, businesses, and governments to engage in thoughtful discussion around these topics. These grid modernization strategies can make a difference for years to come by providing affordable, reliable, secure, and clean energy solutions and advancing America’s energy economy.”
The opportunity for increased modernization across every state leads to lower energy costs and increased choice for consumers, while spurring investment and job creation for all advanced energy resources across communities nationwide.
About AEE
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. 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, which now employs 3.4 million U.S. workers. Visit AEE online at www.aee.net and follow the latest industry news @AEEnet.
About CRES Forum
CRES Forum is a 501(c)(3) non-partisan, non-profit organization committed to educating the public and influencing the national conversation about commonsense clean energy. Learn more at www.cresforum.org and follow @CRESForum on Twitter.
Media Contacts
AEE: Monique Hanis, mhanis@aee.net, 202-391-0884
CRES Forum: Trevor Grady, press@citizensfor.com