Renewable Energy World: The growing reliance by U.S. energy markets on low-cost wind and other clean power sources is a key part of the solution, not a problem, for ensuring the reliability, resilience and security of America's electric grid, the seven top U.S. grid operators told a House Energy and Commerce subcommittee hearing on "Powering America" July 26.
PJM, the nation's largest electricity wholesale market, said its power generation fleet is "more diverse than it's ever been, more reliable than it's ever been and prices are lower than they've ever been." In his remarks, Craig Glazer, PJM's VP for federal government policy, echoed and reinforced comments by other leaders of the U.S. wholesale power markets.
As the nation awaits the grid study ordered last spring by U.S. Department of Energy (DOE) Secretary Rick Perry, business leaders who operate the grid shared their views with Congress to underscore the business realities driving today's energy markets. Economics is at the top of that list.
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