Meeting the credit challenge
The US power industry needs investment of up to $2 trillion by 2020, writes Richard McMahon of EEI. He urges dialogue between utilities and regulators to ensure effective credit policies are developed
Today's economic situation brings sharply into focus the importance of electricity to America's economy and to economic recovery. The electric power industry, by virtue of its central role in the economy, is at the heart of the debates over economic policy, energy strategy, national security and the environment. The federal stimulus package's emphasis on electric solutions has brought the industry further to the fore.
The package's electricity-related provisions include incentives for expanding
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