FOR IMMEDIATE RELEASE
August 24, 2017
Contact: Laura Tierney
Email: [email protected]
BCSE Statement in Response to the Release of the DOE Report on Electricity Markets and Grid Reliability
Washington, DC – Lisa Jacobson, President of the Business Council for Sustainable Energy, offered the following statement in response to the release of the Department of Energy’s study on the electricity markets and grid reliability.
“The Business Council for Sustainable Energy (BCSE) appreciates the Department of Energy’s focus on issues related to ensuring a safe, secure, affordable, reliable and resilient electricity system. The power sector fuels the U.S. economy and is critical to future economic growth and jobs.
“The U.S. electric system is experiencing significant changes and is using a diverse set of energy resources, technologies and services. As these changes are occurring, energy productivity is increasing and wholesale and retail power prices have been declining in most parts of the country. Further, consumers are spending the lowest amount of their household budget on energy costs since the early 1960s (see 2017 Sustainable Energy in America Factbook).
“The portfolio of currently available clean energy technologies and services in the energy efficiency, natural gas and renewable energy sectors – working with energy storage, demand response and micro-grids, among other technologies and services – is meeting the current needs of the grid affordably and reliably today and can meet the needs of an evolving electric grid into the future. The transformation to a more diverse electric system that is occurring is not jeopardizing grid reliability and resiliency.
“Recognizing that different regions or markets may require different solutions, the BCSE believes that market rules that allow for competition of resources and that value the evolving needs of the grid are fundamental to maintaining grid performance, ensuring resiliency and can avoid costly market distortions.
“The U.S. federal government, and the Department of Energy specifically, plays a vital role in educating states and regions on critical market design issues and policy best practices.
“The BCSE looks forward to working with the Department of Energy and other government bodies on the policy frameworks that are necessary to ensure grid reliability.”
Download the press release here.