Unlocking Beneficial Electrification - DOWNLOAD REPORT AND WATCH EVENT
GSEP held on May 26 a virtual Summit under the theme Unlocking Beneficial Electrification: Accelerating the Energy Transition Together co-chaired by Nick Akins, Chairman, President and CEO of American Electric Power, and Francesco Venturini, CEO of Enel X. The event was the occasion for our alliance of leading global electricity companies to unveil the findings of the first customer-driven global independent study on beneficial electrification. The study brings forward the voice of over 110 electricity end-users spread over 10 countries from the transportation, building and industry sectors.
The findings reveal that end users believe that electrification can have a wide range of benefits, from a reduction in their carbon footprint, decrease of local noise and air pollution, to improved energy performance and positive effect on working environment and experience. They identified energy providers are their partner of choice to help them accelerate electrification and capture its benefits, but also see governments as playing a key role through targeted regulations that level the playing field with other fuels and policies that accurately incorporate the cost of carbon into the market price.
The event gathered over 15 high-level speakers including Jean-Bernard Lévy, Chairman and CEO of EDF; Abderrahim El Hafidi, CEO of Office National de l'Electricité et de l'Eau Potable (ONÉE); Xin Baoan, Chairman of State Grid Corporation of China (SGCC); Yinbiao Shu, Chairman of China Huaneng Group (CHNG); Paul Kjellander, President, National Association of Regulatory Utility Commissioners (NARUC); Sheila Hollis, Executive Director, United States Energy Association; Michael Radler, CEO, XcL Midstream; Art Justice, Vice President, Energy and Sustainability, Cinemark; and Yvonne McIntyre, Director, U.S. Federal Electricity and Utility Policy, Climate & Energy Program, Natural Resources Defense Council.