EEI > Resources & Media > Newsroom > IHS Markit Study Finds Balanced Energy Mix is Essential to Providing Reliable and Affordable Electricity to Customers
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IHS Markit Study Finds Balanced Energy Mix is Essential to Providing Reliable and Affordable Electricity to Customers

WASHINGTON, D.C. (September 19, 2017) – Edison Electric Institute (EEI) Executive Vice President of Business Operations and Regulatory Affairs Phil Moeller issued the following statement today on the findings of a new IHS Markit study, “Ensuring Resilient and Efficient Electricity Generation​.”

“The new IHS Markit study reinforces the vital role 24/7 energy sources play in sustaining a secure, reliable, and resilient energy grid. The study supports a balanced and diverse energy mix that includes both traditional and renewable energy sources, and finds that a less diverse mix would raise electricity prices and have significant economic and workforce impacts.

“IHS also concludes that policy-driven market distortions continue to have an impact on the diversity of the nation’s electric generation mix. We believe competitive electricity market rules should promote a balanced energy mix and recognize the role that all generation sources play in maintaining the reliability and resiliency of the energy grid. Additionally, wholesale electricity markets should address price formation and the valuation of essential reliability services for customers. 

“EEI looks forward to continuing to work with all policymakers to ensure a diverse and balanced mix of resources and technologies, which is essential to providing customers with reliable and affordable energy.”

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