Todd Snitchler writes in The Washington Times about the role that competition can play in driving America’s energy transition.
- Competitive electricity markets have been shown to lower prices, increase reliability, and drive innovation.
- Government-mandated energy strategies have failed to deliver climate progress and have hurt consumers.
- As economies look to increase their share of low-carbon energy sources, governments should unleash competitive power markets and allow the private sector to drive innovation.
“A cleaner and more cost-effective energy future is within reach through a competitive framework. Competitive power markets and power suppliers are leading the way by saving customers money, spurring innovation, retiring older, higher emitting resources, and investing in new low and zero emission resources, and accelerating environmental progress.”
Read the full article here.