
Power company executives say America needs a national energy policy that includes the use of fossil fuels and a stable regulatory environment.
Paul Koonce of Dominion Power Virginia says environmental policy, economic development and national security are inseparable, but can only be achieved with a sound plan.
At an energy summit in Morgantown on Monday, Koonce said the cost of environmental compliance at a U.S. power plant is astronomical, and producers need stable regulations to function.
Ohio-based FirstEnergy CEO Tony Alexander says impediments to industry's growth must be removed.
Alexander says a national energy plan shouldn't include oil because it's used primarily for transportation and largely produced overseas.
He says trying to include every source of energy in such a plan would ensure it has no direction.
(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
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