CEO DATELINE—Utility groups diverge on FERC proposal
CEO DATELINE—Utility groups diverge on FERC proposal
- October 3, 2017 |
- WILLIAM EHART
Consider joining CEO Update. Membership gives full access to the latest intelligence on association management, career advancement, compensation trends and networking events, as well as hundreds of listings for senior-level association jobs.
Eleven trade associations filed a letter of opposition Monday to tight deadlines set by the Federal Energy Regulatory Commission for comment on its substantial overhaul proposal for the wholesale power market, a utility news service reported. http://bit.ly/2kkGYYI
However, a major player in the space, $93 million-revenue Edison Electric Institute, did not sign the letter. An EEI spokesman said the association had no comment on the letter.
In an emailed statement to CEO Update, EEI vice president of energy supply and finance Richard McMahon said the group was still reviewing FERC's notice of proposed rulemaking.
"We believe competitive electricity market rules should promote a diverse energy mix and should recognize the role that all generation sources play in maintaining the reliability and resiliency of the energy grid," McMahon said.
Coal and nuclear generation companies welcomed the proposal, UtilityDive reported.
EEI members include coal and nuclear generators, as well as those that use other sources of power. (EEI represents all investor-owned utilty companies.) Groups opposed to the plan include those representing renewable energy companies, natural gas companies and municipal utilities.
Groups signing the opposition letter: Advanced Energy Economy; American Council On Renewable Energy; American Petroleum Institute; American Public Power Association; American Wind Energy Association; Electricity Consumers Resource Council; Electric Power Supply Association; Interstate Natural Gas Association of America; National Rural Electric Cooperative Association; Natural Gas Supply Association and Solar Energy Industries Association.
"No emergency exists to justify" such a short comment period, they wrote, according to UtilityDive.
MORE CEO DATELINE