FERC
As another winter storm strains the electric grid, it’s time to fix transmission, experts say
The deadly winter storm, christened Elliott by the Weather Channel, that tore through much of the United States over the Christmas weekend placed a huge strain on the American electric grid, pushing it past the breaking point in some places. Frigid temperatures, in some places setting records, drove a surge in electric demand while […]
Price shocks could hit consumers without more oversight of grid building boom
An aging electric grid, fossil fuel power plant retirements and a massive renewable electricity buildout are all contributing to a boom in transmission and distribution wire projects by electric utilities across the country. In 2020, investor-owned electric utilities spent $25 billion on transmission, up from $23.7 billion in 2019, figures that the Edison Electric Institute, […]