by Rebecca Walker — March 2, 2009—The electric utility industry has set a course for transformation that answers and supports America’s call for change, Edison Electric Institute President Tom Kuhn said in his annual “state of the industry” speech to Wall Street analysts.
Kuhn said the industry, by virtue of its central role in the economy, will be a key player in helping to address the most pressing issues facing the nation.
Kuhn said the electric industry’s success will rest upon aggressive action in four key areas: Energy efficiency, smart grid and advanced electricity transmission technology, plug-in hybrid electric vehicles and advanced, low- and carbon-free electric generating technologies.
“The ‘electric transformation’ that the industry is undergoing will create jobs, stimulate economic growth and build a greener, lower-carbon electricity industry,” he said. Among the first orders of business, Kuhn said, will be increased focus on energy efficiency, as reflected in the stimulus package being considered by Congress.
For more information, see the EEI Web site.
