This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Exelon Says Competitive Markets Are Most Efficient Way To Ensure A Sustainable Energy Future

In a speech at the Total Energy USA conference yesterday, Exelon Senior Vice President and Chief Sustainability Officer Christopher Gould said the most efficient way for the nation to pursue its sustainable energy goals is to let the market work.

“There are many theories about how best to implement an all-of-the-above energy strategy, and nearly as many public policies aimed at achieving that goal,” Gould said. “But from our perspective, there is one way to strike the right balance of all available energy options that is most efficient and most cost-effective: well-functioning competitive electricity markets.”

Gould said competitive energy markets allow the most affordable sustainable energy solutions to rise to the top. The result is a lowest-cost energy portfolio that benefits customers, communities and shareholders alike.

“An all-of-the-above approach should be agnostic to energy resource type or technology,” Gould said. “It should evaluate all resources dispassionately and on equal footing, balancing their economic, environmental and social costs and benefits. It should consider all available energy options, but not include them all by default.”

He also argued that policies favoring certain energy resources or technologies over others are inefficient and misguided, and can have unintended consequences on consumers and the environment.

“Subsidies and incentives that promote less reliable energy sources over more reliable ones can weaken the electric grid and impose unforeseen costs to ensure reliability,” he said. “They also can stifle innovation because they reduce the incentive for competitors to improve their performance and bring new and better products to market.”

Gould expressed optimism that the nation can achieve its energy and sustainability goals. At the same time, he struck a realistic tone in acknowledging the challenges facing the energy industry.

“A sustainable energy future is attainable, and all-of-the-above, at least conceptually, is the right policy to get us there,” Gould said. “But we still have a steep hill to climb in terms of addressing environmental concerns and hardening our infrastructure to maintain reliability for future generations, all while keeping costs down for the consumer.”

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 16,472.37 +200.36 1.23%
S&P 500 1,951.36 +27.54 1.43%
NASDAQ 4,707.7750 +80.6910 1.74%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs