Edison Electric Institute (EEI) President Tom Kuhn and members of EEI’s executive team recently briefed Wall Street analysts, bankers and investors on the state of the U.S. electric power industry.
“EEI’s member companies are leading a clean energy transformation,” said Kuhn. “We are united in our commitment to get as clean as we can, as fast as we can, while keeping customer reliability and affordability front and center as always. Collectively, we are on a path to reduce carbon emissions 50 percent by 2030, and 80 percent by 2050, compared with peak 2005 levels. Our goal is to give our customers an energy future that is cleaner, smarter, and stronger than any they have known before.”
In addition to highlighting the steady and strong transition to clean energy, EEI’s executive team also outlined the opportunities to electrify and reduce emissions from the transportation sector; the importance of modernizing the energy grid to make it more dynamic, more resilient, and more secure and of developing innovative customer solutions; the industry’s financial strength and ESG/sustainability reporting; and the current political and regulatory landscapes.
“The electric power industry has made tremendous progress over the past decade, and we are excited to build on our progress in the decade ahead,” said Kuhn. “As always, EEI’s member companies will remain laser-focused on delivering the safe, reliable, affordable energy our customers need and expect.”
To see a list of EEI's priorities for the energy industry, see below. You can also download the slide presentation.
