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Energy Talk

Top Story

EEI’s Annual State of the Energy Industry Outlook

EEI’s Annual State of the Energy Industry Outlook


February 2023
Each February, EEI highlights our achievements and new policy priorities, and those of our member companies, during an industry outlook presentation to Wall Street. This year’s state-of-the-industry event, held on February 21, was delivered to an audience of Wall Street investors, analysts, bankers, reporters, and other industry stakeholders by EEI President Tom Kuhn and members of EEI’s executive leadership team.

“EEI and our member companies—America’s investor-owned electric companies—are at a global inflection point,” said Kuhn. “We remain focused on ensuring that customers have the energy they need when and where they need it, affordably and reliably, as we work to get this energy as clean as we can as fast as we can. And, we have fully embraced a strategy that will deliver secure and resilient clean energy across our economy.”

Following passage of the Bipartisan Infrastructure Law and the $272-billion clean energy tax package in the Inflation Reduction Act—laws which EEI strongly supported—there are more tools available than ever to help address climate change by facilitating investments in smarter, more resilient energy infrastructure and the deployment of more clean energy. Importantly, the critical cost-savings benefits of the tax provisions flow directly through to our customers.

During the presentation, EEI also highlighted the need for siting and permitting reform to facilitate investment in much-needed critical energy infrastructure, including transmission, renewable energy facilities, and natural gas pipelines and facilities.

“Over the past 90 years, EEI and our member companies have demonstrated a strong record of progress in serving customers,” said Kuhn. “Together, we have delivered Power by Association and have created powerful momentum to carry forward our vision for a resilient clean energy future.”

Visit EEI’s website to find prepared remarks and our presentation.
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