Electric Industry Faces Transformation in Light of Climate Change, EEI President Says in Annual Speech to Wall Street

U.S. Newswire, February, 2008

To: NATIONAL EDITORS

Contact: Ed Legge of the Edison Electric Institute, 1-202-657- 2592

NEW YORK, Feb. 13 /PRNewswire-USNewswire/ -- The electric utility industry faces a period of transformation as addressing climate change becomes imperative, Edison Electric Institute (EEI) President Tom Kuhn said today in his annual state of the industry speech. Electric utilities are pursuing business innovation and technological advances to effect that transformation, Kuhn said.

Today, the great challenge before us is the need to supply affordable, reliable electricity to a world that is growing both in population and standard of living, while at the same time moving to a low-carbon future, Kuhn said. We believe the key to this challenge is technology. And many of the...

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