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CHANGING ELECTRIC INDUSTRY GENERATES NEW TRADE ASSOCIATION

 CHANGING ELECTRIC INDUSTRY GENERATES NEW TRADE ASSOCIATION
 WASHINGTON, Feb. 4 /PRNewswire/ -- Carlos Riva, president of J. Makowski Associates, a Boston-based developer of gas and electric energy projects, announced today the formation of the Electric Generation Association (EGA). Riva will serve as president of this new full service trade association, which will represent the wholesale electric generation industry. "EGA was formed to service a $60 billion dollar industry responsible for creating thousands of new jobs," Riva said. The 30 founding members of the Electric Generation Association have over 15,000 MW of generation facilities either in operation or under development. The EGA will be headquartered in Washington.
 The first priority of EGA will be reform of the Public Utility Holding Company Act (PUHCA). "We are extremely pleased that the U.S. Senate voted this morning to invoke cloture on S. 2166, the National Energy Strategy bill (NES). This action means the NES, which contains PUHCA reform, will now be on the Senate floor for debate," said Riva. "We urge the Senate to speedily enact the NES. PUHCA's requirements have become artificial barriers to competition -- competition that ultimately results in lower costs for electric consumers."
 The EGA also plans to take an active role in environmental issues, promoting regulations that are favorable to the deployment of environmentally progressive technologies. "Independent power producers are pioneering the installation of new pollution control systems. Certainty about environmental requirements early in development is crucial to our industry's efforts to provide the clean, affordable electricity necessary to spur our nation's economy," Riva stated.
 The association evolved through the cooperative efforts of two groups: the Cogeneration & Independent Power Coalition of America (CIPCA) and the Independent Power Producers Working Group (IPP Working Group). These two organizations have successfully combined efforts over the last few years to advocate enhanced competition in the generation of electricity. Recognizing the growing requirementsf? a matur in industry, the two groups created the new association to provide a full range of services.
 "Over half of the new electric gena?tion brought on line nationwide last year was built by members of our industry," said Christine Nolin, EGA executive director. "The industry now has needs that reach beyond a legislative agenda, and this group will be addressing those needs." Programs planned for introduction in 1992 include: an industry insurance program; a comprehensive industry data and information service; a multi-media public relations program; and a series of executive briefing seminars and training modules.
 The EGA is holding its first organizational meeting today at the National Press Club in Washington. Rep. John Dingell (D-Mich.), chairman of the House Energy and Commerce Committee, joined EGA members and staff this morning to discuss PUHCA reform.
 -0- 2/4/92
 /CONTACT: Todd Shears of the Electric Generation Association, 202-965-1134/ CO: Electric Generation Association ST: District of Columbia IN: OIL SU:


DC -- DC026 -- 3315 02/04/92 14:09 EST
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Date:Feb 4, 1992
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