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Competitive Suppliers Announce Policy Framework Through 2012
Washington, D.C. - Over the upcoming four years, competitive wholesale power suppliers say consumers, reliability and the environment will be best served through the continued development of well-functioning competitive wholesale power markets, both in regionally organized markets and in those not in the organized markets, according to the Electric Power Supply Association's (EPSA) 2009-2012 Long-Term Strategic Objectives, as approved by the association's Board of Directors. The policy framework sets major objectives and principles encompassing greenhouse gas policies, competitive procurement, competitive wholesale market rules, infrastructure development, and the emergence of new energy technologies.
EPSA President and CEO John E. Shelk said,"The strategic objectives that will guide EPSA over the next four years provide a framework for policy advocacy that encourages well-designed, thriving competitive wholesale power markets, which are integral to the operation and development of a reliable, diverse, cleaner and cost-conscious electricity system. As policymakers debate far-reaching decisions about energy and the environment, EPSA's policy framework emphatically underscores the fact that well-functioning competitive electricity markets are a prerequisite to achieving the reliable, smarter, technologically-advanced electricity system needed to meet demand responsibly."
In its 2009-2012 Long-Term Strategic Objectives, EPSA lays out the following four main objectives, as well as a dozen specific priority policy principles to support those objectives.
- Achieve recognition and acceptance by policymakers that well-functioning regional competitive wholesale electricity markets promote reliability and provide substantial benefits to consumers, the economy and the environment.
- Achieve development of well-functioning competitive wholesale electricity markets, both in regions served by Regional Transmission Organizations and Independent System Operators (RTOs/ISOs) and in those without organized markets, tailored to the circumstances in each region.
- Achieve acceptance by policymakers of the importance of a single national policy on greenhouse gas emissions, and of how the innovation and diversity of competitive wholesale power suppliers will help achieve environmental objectives while ensuring a reliable power system.
- Achieve recognition and acceptance by policymakers that competitive power suppliers should be allowed to compete fairly in capital markets and under various regulatory structures to build the next generation of power plants and otherwise meet future electricity needs.
EPSA's 2009-2012 Long-Term Strategic Objectives follow and can also be viewed at www.epsa.org. EPSA's 2009-2012 Long-Term Strategic Objectives
Competitive Suppliers Announce Policy Framework Through 2012
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.