Washington, D.C., May 3, 2010 — Federal and state energy officials gathered to discuss how advances in technology will help consumers get timely energy usage information and enable them to make informed decisions in the future on when to consume electricity.
In remarks at the 13th Annual National Restructuring Conference, federal policymakers, state energy regulators and corporate officials explored the benefits that competitive energy suppliers can provide consumers as they increasingly use technology such as smart meters to measure and manage their energy usage.
“In the future, energy usage information provided by advanced meters and sophisticated appliances will help consumers make more informed decisions about their energy purchases,” said Craig Goodman, president of the National Energy Marketers Association. “This will allow residential and commercial customers to take control of their energy usage in order to save money and purchase the products that best meet their needs,” Goodman added.
NEM’s white paper on facilitating these changes, “Achieving Significant, Near-Term Demand Response by Residential and Small-Commercial Customers” was released at the conference.
FERC Commissioner Marc Spitzer, reflecting on the conference theme of “Renaissance in Energy Markets” said energy policymakers, competitive energy suppliers and utilities have to “make their own luck” and continuously improve wholesale and retail energy markets throughout the U.S.
Panelists at the conference also focused on the increasingly important role of information transparency in the natural gas and electricity markets.
Featured speakers were state Public Utility Commissioners Orjiakor Isiogu (MI), Sherman Elliott (IL), Erin O’Connell-Diaz (IL), Commission Staff Members Eric Matheson (PA) and Calvin Timmerman (MD), and industry leaders Chris Hendrix of Wal-Mart and Harry Wingo of Google.
Also, a technical working group with state regulators discussed expanding and advancing competitive energy markets while protecting consumers and their privacy in an era of technology and information innovation.
NEM is a national, non-profit trade association representing wholesale and retail marketers of natural gas and electricity, as well as energy- and financial-related products, services, information and advanced technologies throughout the U.S., Canada and the European Union.