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NRG Energy Applauds Introduction of Federal Legislation to Electrify U.S. Transportation Network

^{Published on 2010-05-28 13:34:33 - Market Wire}
 

PRINCETON, N.J.--([ BUSINESS WIRE ])--NRG Energy, Inc. (NYSE: NRG) issued this statement of support following the introduction of the Electric Drive Vehicle Deployment Act of 2010. Introduced yesterday, the legislation will create the charging infrastructure and incentives needed for large-scale adoption of electric vehicles in key geographic regions.

"The electric vehicle is the way forward to end Americaa™s debilitating addiction to oil and strengthen our national security and energy independence, spur innovation and job creation, and clean the air to benefit future generations"

aThe electric vehicle is the way forward to end Americaa™s debilitating addiction to oil and strengthen our national security and energy independence, spur innovation and job creation, and clean the air to benefit future generations,a said David Crane, President and CEO, NRG Energy. aWe commend the authors of this far-sighted legislationa"Senators Dorgan, Alexander and Merkley and Representatives Markey, Biggert, Eshoo, and McNerneya"along with their aim of building additional bipartisan support in both houses of Congress. This bill comes as affordable and fun electric vehicles enter the market and we, alongside our partners in the Electrification Coalition, work to advance an American clean energy economy and the very real benefits of the electric vehicle.a

NRG Energy is a founding member of the Electrification Coalition, a nonpartisan, not-for-profit group of business leaders committed to promoting policies and actions that facilitate the deployment of electric vehicles on a mass scale. You may find more information on the Electrification Coalition at [ www.electrificationcoalition.org ].

About NRG

NRG Energy, Inc., a Fortune 300 and S&P 500 Index company, owns and operates one of the countrya™s largest and most diverse power generation portfolios. Headquartered in Princeton, NJ, the Companya™s power plants provide more than 24,000 megawatts of generation capacitya"enough to supply more than 20 million homes. NRGa™s retail business, Reliant Energy, serves 1.6 million residential, business, commercial and industrial customers in Texas. A past recipient of the energy industrya™s highest honorsa"Platts Industry Leadership and Energy Company of the Year awards, NRG is a member of the U.S. Climate Action Partnership (USCAP), a group of business and environmental organizations calling for mandatory legislation to reduce greenhouse gas emissions. More information is available at [ www.nrgenergy.com ].