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EPSA Applauds New Penn State Electric Market Initiative
WASHINGTON, D.C. - The Electric Power Supply Association (EPSA) today applauded the strong support from individual competitive suppliers for the establishment of Penn State University's new Electricity Markets Initiative. The Initiative is a cooperative project to research the benefits, challenges and opportunities enabled through competitive electricity markets in Pennsylvania. It is a unique collaboration and partnership between academia, industry, policymakers and the PJM Interconnection as market operator to review the impacts of electricity market structure, new technologies and future resource decisions.
EPSA members Constellation Energy, Exelon Corporation, PPL EnergyPlus and RRI Energy are part of the founding advisory board that will review proposals for research by Penn State professors and students on a variety of topics. Representatives of the Pennsylvania Public Utility Commission, PJM and Leggett and Platt will also offer their support and perspectives on the Initiative's projects.
Commenting on the Initiative's formation, EPSA President & CEO John E. Shelk said, "EPSA is proud to see the competitive electricity supply community providing leadership in engaging with this distinctive collaboration of organizations to examine the many effects of competition in Pennsylvania. It is our unyielding belief that competition provides the most effective way to provide efficiently produced electricity to consumers and drive innovative supply options. We welcome this new voice and look forward to the Initiative's contributions to sound policymaking."
The Electricity Markets Initiative is expected to launch a website with original published materials later this year.
CONTACT: JOHN SHELK
(202) 349-0154or 703-472-8660
EPSA is the national trade association representing competitive power suppliers, including generators and marketers. These suppliers, who account for nearly 40 percent of the installed generating capacity in the United States, provide reliable and competitively priced electricity from environmentally responsible facilities serving global power markets. EPSA seeks to bring the benefits of competition to all power customers.