Landon Stevens writes in Utility Dive on the importance of investing in the power grid.
- A recent report from the North American Electric Reliability Council has warned that regions in the U.S. will face the threat of power outages this summer.
- As more utilities and states increase their share of renewable intermittent energy sources, investments to modernize the grid will be crucial.
- Congress, who has already allocated $12 billion for transmission buildout, can stretch tax dollars further by reducing regulatory barriers and enacting pro-growth policies.
“Every year, the largest, most complex machine in the world gets older and more worn down while the demands placed upon it continue to grow. The grid is strained by a host of threats — some foreseeable, others not so much. But one area we can control is adequate investment in maintaining, upgrading and transforming the grid.”
Read the full article here.
The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.
