EEI > Resources & Media > Energy Talk
EEI Energy Talk  
Celebrating Earth Day 2019
Celebrating Earth Day 2019
Electric Companies Are Leading the Clean Energy Transformation

Each day, EEI’s member companies—the nation’s investor-owned electric companies—are hard at work, providing the reliable, affordable, secure, and increasingly clean energy that our customers need and expect. At the same time, they are leading a profound transformation of America’s energy that is delivering a smart, connected, and clean energy future. 

This Earth Day, we celebrate the many ways that our members are leading this transformation. Electric companies are transitioning to cleaner energy resources and reducing their carbon emissions; modernizing the energy grid and building smarter energy infrastructure; and delivering innovative energy solutions in a rapidly changing world. 

Read on for key information about how America’s electric companies lead on clean energy and learn more in this Electric Perspectives article​ by Brian Wolff, EEI executive vice president of public policy and external affairs.


Numbers to Know
Numbers to Know
Electric Companies’ Clean Energy Leadership in Perspective

​EEI’s member companies have led a dramatic change in our nation’s energy mix over the past decade, making significant strides in carbon reduction, deployment of renewable energy resources, and more. Among large industrial sectors, we are far and away out ahead as we work to deliver—and to lead— America’s energy future. Here are some key facts to know about this extraordinary transformation:

  1. ​Electric companies invest more than $100 billion each year to make the energy grid stronger, smarter, cleaner, more dynamic, and more secure; to diversify the nation’s energy mix; and to integrate new technologies that benefit customers.

  2. Today, more than one-third of our electricity comes from carbon-free sources (including nuclear energy and hydropower and other renewables), and another one-third comes from natural gas. 

  3. Electric companies provide 69 percent of the nation’s solar energy. Since 2005, the percentage of renewable sources in the U.S. energy mix has quadrupled—over the past 5 years, more than half of new electricity generation capacity was wind and solar

  4. The electric power industry is reducing emissions significantly. As of year-end 2018, the electric power industry’s carbon dioxide emissions were 27 percent below 2005 levels—nearly the lowest level in three decades. The industry also has decreased emissions of nitrogen oxides by 84 percent and sulfur dioxide by 92 percent—all while electricity use grew by 39 percent (1990-2018).

Discover more key facts in this factsheet​ from the Institute for Electric Innovation and in EEI’s Earth Day infographic (below). Learn more about how a diverse energy mix is critical to keeping energy reliable and affordable in EEI’s factsheet.


Infographic
Demonstrating Clean Energy Leadership
Infographic
Smarter Energy Infrastructure
Smarter Energy Infrastructure
EVs, Energy Storage, and Efficiency Drive Sustainability for Customers

​Integrating more clean energy resources for customers requires smarter energy infrastructure, and each year, EEI’s member companies invest more than $100 billion to make the energy grid stronger, smarter, cleaner, more dynamic, and more secure. Electric companies’ smarter energy infrastructure is critical for unlocking the clean energy future and for delivering the innovative energy solutions that our customers want.

Transportation Electrification

Expanding the use of electricity in transportation saves money, improves the environment, and enhances quality of life for everyone. Electrifying transportation benefits all customers by increasing and optimizing the use of the energy grid and enhancing the integration of renewable energy resources. In addition to electric vehicles (EVs), electrification is taking hold in public transit, delivery vehicles, ridesharing applications, ports and airports, and more. As of April 2019, there are more than 1.1 million EVs on U.S. roads. EEI’s member companies are investing more than $1 billion in customer programs and projects to deploy charging infrastructure and to accelerate electric transportation. Find more about the benefits of electric transportation in EEI’s factsheet.

Energy Storage

Energy storage offers multiple benefits for the energy grid and for electricity customers, facilitating the integration of renewable energy resources into the energy grid by keeping supply and demand balanced, improving reliability by providing grid stability services, reducing transmission constraints, and meeting peak demand. Electric companies own, procure, or utilize 98 percent of all energy storage today. While pumped hydropower represents approximately 92 percent of installed storage capacity in the United States, battery storage is a key driver of the energy storage market today. In 2017 alone, 280 megawatts of advanced energy storage devices were installed, a 400-percent increase over 2014. Learn more in EEI’s factsheet.

Energy Efficiency

Electric companies are committed to helping customers save energy and money, and their energy efficiency programs are resulting in savings on a massive scale: 198 terawatt-hours (TWh) of electricity in 2017, up from 183 TWh in 2016, avoiding the generation of 147 million metric tons of carbon dioxide and saving enough electricity to power 22 million U.S. homes for one year. Find more in Energy Efficiency Trends in the Electric Power Industry (2008-2017), a new report from the Institute for Electric Innovation.

Smart, Resilient Communities

Smart communities use data and technology to help drive efficiencies, improve sustainability, spur economic development, and enhance the quality of life for their citizens. Modernizing the energy grid is essential to integrating more renewables and new technologies, such as EVs, energy storage, microgrids, and smart appliances. One key building block of a more dynamic and more secure energy grid is digital smart meters—and more than 80 million have been installed in U.S. households to date. Electric companies are committed to further enhancing resiliency by deploying advanced digital technologies, upgrading power lines and substations, hardening the system against severe weather, and enhancing cyber and physical security​.


What We’re Reading
What We’re Reading
Xcel Energy's Ben Fowke on Leading the Clean Energy Transition

​“I’m confident our industry can lead the way toward a carbon-free world because of our track record of working together in the past,” writes EEI Vice Chairman and Xcel Energy Chairman, President, and CEO Ben Fowke in Electric Perspectives. “We constantly rally together to provide mutual assistance for our customers when they need it most, whether that is following typical storms or special efforts like restoring power to Puerto Rico following Hurricane Maria.

“The challenge before us is greater than any of these challenges. We are called to transform our industry fundamentally while still providing the energy services that form the foundation of our economy and our nation. As always, electric companies know how to provide solutions that put our customers first. Let’s make it happen.”

Read more​.

Edison International’s Pedro Pizarro
Edison International’s Pedro Pizarro
The Benefits of a Smarter, Cleaner Energy Grid

“At Edison International, we have been working for decades to make energy use smarter and cleaner,” writes Edison International President and CEO Pedro J. Pizarro in Electric Perspectives.

“This work goes back to the early development of solar and wind energy at our Southern California Edison electric company in the 1970s and 1980s. It also includes our forward-looking projects in energy efficiency, as well as current efforts by our Edison Energy competitive business to employ data analytics to help large commercial and industrial customers be smarter energy customers.”

Read more​​.

Arizona Public Service’s Donald Brandt
Arizona Public Service’s Donald Brandt
Collaborating on Clean Energy

​“Our experience underscores with clarity the need for our industry to find ways to collaborate with diverse stakeholders to deliver the clean, reliable, affordable energy future our customers want,” writes Donald Brandt, chairman, president, and CEO of Arizona Public Service, in Electric Perspectives

“We need to articulate a positive vision, one that includes saying yes to the best solutions for tomorrow. One place to start would be to work in meaningful ways toward a true clean energy standard—one that sets ambitious goals, takes an inclusive approach to diverse clean-generation technologies, acknowledges the essential role of complementary technologies like advanced batteries, and puts customers first.”

Read more​.


Reporting Clean Energy Metrics
Reporting Clean Energy Metrics
EEI’s ESG/Sustainability Template

EEI and its member companies are actively engaged with investors and policymakers to educate them about our environmental, social, and governance (ESG) and sustainability practices by providing relevant data and information.

To better serve customers and investors, EEI assembled a broad working group of institutional investors and electric company officials to help member companies provide investors with more uniformity and better consistency for ESG/sustainability metrics. This working group helped to develop the EEI ESG/Sustainability Reporting Template, an industry-wide voluntary reporting template. Building upon the ESG information that EEI member companies publish on a regular basis, the template contains qualitative information—including ESG/sustainability governance and strategy—and quantitative information, including data on a company’s portfolio, emissions, human and natural resources, and opportunities for investments in clean energy.

Learn more on EEI’s website​.

Future Focus
Future Focus
Our Public Policy Platform

​To ensure that the clean energy transformation reaches its full potential, EEI is advocating for public policies that increase research and development funding and support for the range of technologies needed to achieve clean energy goals, including energy efficiency, energy storage, renewables, existing and next-generation nuclear, other carbon-free technologies, and carbon capture utilization and storage.

We are calling on policymakers to help electrify the transportation sector—recognizing that transportation emissions now are the largest source of emissions in the United States—by modernizing federal transportation programs to encourage investments in electric transportation and charging infrastructure. Transportation electrification provides an opportunity to leverage the significant reductions in power sector emissions to achieve reductions in transportation sector emissions.

We also are urging policymakers to support ongoing investments in the energy grid, which are necessary to increase cost-effective electrification and to integrate advanced clean energy technologies reliably and affordably. And, we are promoting the development of more robust battery technologies for both electric vehicles and energy storage. 

Today, electricity customers increasingly are informed about energy, and it matters to them where it comes from and how they use it. Saving money, using less energy, and protecting the environment are all important to them, and to us. With the right policies in place, EEI’s member companies can further reduce their emissions, help dramatically reduce the most significant emissions from other industries, and deliver the clean energy future that Americans want and expect.​

Read EP
EEI Convention
Advertise
No
No