Power Moves | October 2024
Electric Power Supply Association
The Electric Power Supply Association (EPSA) is the voice of America's competitive power suppliers.
Dear reader,
In this month’s Power Moves, we cover:?
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EPSA and Americans for a Clean Energy Grid Pinpoint Bipartisan Infrastructure Solutions?
EPSA President and CEO Todd Snitchler and Executive Director of Americans for a Clean Energy Grid Christina Hayes jointly published an op ed laying out concrete ways energy policy can support a more cost-effective, cleaner, and more reliable power grid. Putting a spotlight on permitting reform and project delays, Snitchler and Hayes urge policymakers to avoid taking an overly partisan approach and instead realize the common goal of keeping the lights on and costs down while supporting lower-carbon solutions.
“The goal of energy policy must be a reliable, clean and cost-effective power system that serves all Americans, from generation to transmission to distribution. Achieving that outcome will require several things: more generation —?and more pipelines —?to power the growing economy, and more wires to deliver power from where it is generated to load centers.”?
EPSA Lauds Legislative Effort to Address Electric Reliability Challenges by Smoothing Path for Critical New Generation
A new legislative proposal put forth by Republican Congressman Troy Balderson (OH-12) to more quickly connect power plants to the grid could help address rising electricity prices and reliability concerns, according to the national trade group for competitive power generators. In a press release, EPSA President and CEO Todd Snitchler applauded?legislation?introduced by Republican Congressman Troy Balderson (OH-12) to reform generator interconnection processes in U.S. regions operating competitive wholesale energy markets.?
“The proposal is designed to recognize when reliability may be at risk and respond in a prudent and targeted manner. EPSA thanks Congressman Balderson and looks forward to supporting this effort,” Snitchler stated.?
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“We really are going to need just about every resource that’s available if demand growth continues at a rapid pace.”?
Paul Segal, CEO, LS Power (The Wall Street Journal)?
September 2024 | Competitive Power Highlights
Competitive power generators are working to build out assets like wind, battery storage, and dispatchable natural gas to support reliability and manage costs while working towards a decarbonized grid. Including plans for accelerated development in PJM, the next steps for Texas Energy Fund projects, and fundraising and construction milestones for clean energy, get updates on Calpine, CPV, LS Power, and Jupiter Power in the latest edition of Competitive Power Highlights.?
More competitive power highlights
Vistra Corp.’s retail electricity brand TXU Energy announced partnership with Sunrun to support grid reliability in Texas by creating a virtual power plant. TXU also joined forces with Ford Motor Co. to bring down at-home charging prices for EV Ford SUV and truck owners. ?
Energy Capital Partners acquired a majority interest in ProEnergy, an aeroderivative gas turbine platform with 2.4 GW of Texas peaker plants critical to meeting the state’s energy demand with firm power.?
Invenergy is expanding its headquarters, opening offices in Shenandoah, Iowa. It also announced financing of solar projects in Missouri and Texas. Further afield, Invenergy also signed a virtual power purchase agreement with Honda in Japan.?
?? That's not all.
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