Group’s energy policy for new administration: More power, less EPA
A free-market think tank is gearing up for the post-election transition with a plan to gain bipartisan buy-in on energy policy by turning away from contentious environmental regulation and toward the nation’s unsung electricity markets for a solution.
The R Street Institute, with its goal of promoting free markets, sees the nation’s large federally overseen electricity markets as a somewhat undervalued and misunderstood resource that most consumers rely upon everyday but don’t realize exist.
“Regardless of who holds the power in the next administration, our elected officials will face major decisions regarding the future of electricity markets,” said Devin Hartman, senior fellow electricity policy manager at the think tank, in an email. “Healthy markets are best situated to harness evolving technologies and shifting market fundamentals, especially low-priced natural gas.
“The next administration should espouse competition, market integrity and choice as the guiding principles to usher the grid of the future,” he said.