WhatFinger

Ensuring Resilient and Efficient Electricity Generation

The United States Needs to Maintain Its Existing Electricity Sources


A recent study by analytics firm IHS Markit and co-sponsored by the U.S. Chamber of Commerce shows the importance of our current mix of coal, natural gas, nuclear and renewable energy generating capacity. The report, ‘Ensuring Resilient and Efficient Electricity Generation, found that the current mix of electricity resources is saving our nation $114 billion annually in electricity costs, lowering the cost of electricity by 27 percent. Without significant contributions from nuclear and coal generation, the study found that the price of electricity would increase and the higher prices could lead to the loss of 1 million jobs, the loss of $158 billion to our economy within 3 years and the loss of up to $845 in disposable income for every U.S. household each year.
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