Here’s why the Southeast Energy Exchange Market is a concern

By Michelle Lewis · Electrek

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The Southern Alliance for Clean Energy (SACE) director of utility reform Maggie Shober explains why the proposed Southeast Energy Exchange Market (SEEM)—a voluntary power-trading system filed with FERC by major southeastern utilities—fails to address high energy burdens or drive clean energy adoption. SACE argues SEEM lacks independent developer participation, won't change utility resource planning, and could derail more meaningful market reforms needed for renewable energy growth and coal/gas plant retirement.

States in the Southeast continue to have some of the highest electricity bills in the country. An unacceptable combination of low incomes, a general lack of investment in energy efficiency, the prevalence of the need for electricity to provide both heating and cooling, and monopolistic utilities that are insulated from customer pressure have led states in the region to consistently appear among the worst in terms of energy burden (energy costs as a portion of household income).
Maggie Shober

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