FOR IMMEDIATE RELEASE
May 19, 2015
Contact: Lawrence Pacheco
Washington, D.C. — Large Public Power Council (LPPC) President John Di Stasio testified on Capitol Hill this morning on the importance of raising the standing of reliability reviews in future federal regulatory proposals in order to maintain security of the electric grid, incorporate new energy sources into the electric system, and control costs for consumers. Di Stasio was a witness at today’s Energy and Commerce Committee hearing, “Discussion Draft Addressing Energy Reliability and Security,” where he spoke to the necessity of an upfront reliability assurance mechanism as the grid faces new challenges and opportunities.
“The electric grid is in the midst of a transition to a cleaner energy supply mix and a more dynamic electric system. Today, roughly 36 percent of LPPC member-owned generation is carbon-free, and this number will continue to increase in upcoming years,” said Di Stasio. “Yet as utilities work to reduce their environmental footprint, they are also looking to ensure reliable and affordable electricity for their consumers. An appropriate upfront reliability assurance mechanism will serve to meet this balance of reliability, affordability and environmental stewardship.”
Di Stasio also said raising the standing of reliability reviews in future federal regulatory proposals will help support the future and changing bulk electric system.
“By developing a reliability assurance mechanism and approaching reliability concerns prospectively and periodically, federal agencies can help ensure the future security, cost, and environmental performance of the electric grid. We have the option to do this now, ensuring the grid continues to operate with minimal disruption and at a reasonable cost to the consumer, or we will be forced to rely on after the fact corrective measures that will cost time, money, and energy down the road. The choice is clear,” he concluded.
Click here for Di Stasio’s full testimony from this morning’s hearing.