EEI President Tom Kuhn today issued the following statement in response to last night’s State of the Union address. EEI is the association of shareholder-owned electric companies, representing about 70 percent of the U.S. power sector.
“The President last night called for an ‘all of the above’ energy strategy, which the U.S. power sector has advocated for many years. We need it all, from increasingly clean coal-based generation to natural gas, new nuclear generation, and renewables. We are ever more dependent on electric technologies in our homes and businesses, and we need a balanced and diverse energy portfolio to maintain reliable, affordable electricity.
“The need for diversity carries over into the transportation sector, as well. The steady adoption of plug-in-electric vehicles gives Americans the choice to fill up at the pump or plug in at home. The extremely low operating costs of PEVs—which run on the equivalent of $1 per gallon of gasoline, make a compelling case for moving to greater use of electricity as a transportation fuel.”