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Watch Gale Klappa, WEC Energy Group, and Ralph Izzo, PSEG discuss #energy Security with Steve Fleishman, Wolfe Research. The key takeaways of the discussion were: Both are focused on balancing 3 main objectives: Affordability; Reliability; and #cleanenergy They see a diversity of fuel supply as necessary, citing “all of the above” strategies; The US needs to focus on “energizing” the economy and take advantage of its favorable, diverse resource advantages; Gale indicated more pipeline capacity is needed, as #gas generation isn’t going away and CCGTs will need to run harder than ever; similarly, Ralph pushed #carbon capture as a way to take advantage of existing coal/gas; On clean energy tax credits, Ralph is obviously supportive of a #nuclear PTC, but so is Gale – nuclear licensing decisions need to be made years in advance and right now the PTC would cost taxpayers nothing and be more of an insurance policy; Ralph still thinks there’s a chance of passage this year; They both worry about affordability given fuel cost pressures but noted that WI/NJ are at the lower end of the spectrum in terms of a utility bill as a percent of total wallet share.