The U.S. Chamber strongly supports the transition of our electric generation fleet and the overall economy to cleaner, less carbon-intensive energy sources. Recognizing that pretty much everything we make, sell, or do depends upon a reliable and affordable supply of electricity, we have also been clear that this transition must occur consistent with the pace of innovation so that American competitiveness can continue to flourish during this necessary evolution. Unfortunately, a recent analysis by the official watchdog of America’s electric grid indicates that the electric power transition may be getting out over its metaphorical skis.
Last week the North American Electric Reliability Corporation (NERC) released its 2022 Summer Reliability Assessment, which was well timed as some of the highest daily temperatures of 2022 welcomed the summer cooling season. In a startling…