News

New report examines benefits of expanding the transmission grid

Expanding and modernizing the transmission grid in the eastern United States will increase access to renewable energy, create jobs, lower electricity bills, and reduce carbon emissions, according to a new report from Americans for a Clean Energy Grid (ACEG).

The report, called “Consumer, Employment, and Environmental Benefits of Electricity Transmission Expansion in the Eastern United States,” finds that transmission overcomes a significant challenge in the U.S., which is that much of the renewable energy resources are often located in remote, rural regions, far from urban areas. According to the Wind Energy Foundation, the 15 states between the Rocky Mountains and the Mississippi River account for 88 percent of America’s wind potential and 56 percent of its large-scale solar photovoltaic potential. However, those states are home to only 30 percent of projected 2050 electricity use.

“Just as the Eisenhower interstate highway system unleashed U.S. manufacturing in the 20th Century, a strong macro grid will deliver massive economic and public health benefits for all Americans in the 21st Century,” Rob Gramlich, executive director of ACEG, said. “Removing policy roadblocks to building the macro grid would yield up to $7.8 trillion in private infrastructure investment, create over 6 million jobs, save consumers over $100 billion, and cut carbon pollution from electricity more than 80 percent. The macro grid is a win for American workers, consumers, and public health.”

An investment in the transmission grid will reduce electric sector carbon dioxide (CO2) emissions by 65 percent by 2035 and by over 95 percent by 2050. Further, it would create more than 6 million jobs, save consumers more than $100 billion overall, cut the typical household electricity bill more than $300 per year, and lead to a significant increase in wind and solar by 2050.

“We need a stronger transmission grid to deliver the world-class renewable resources that are currently stranded in rural areas to population centers,” report co-author and Grid Strategies Vice President Michael Goggin said. “Connecting rural and urban areas with transmission will also make the grid more reliable, create jobs, lower consumer electric bills by one third, and deliver healthier air for all.”

The study states that wind, solar, storage, and transmission play an essential and complementary role. Transmission and storage work together to balance the intermittent nature of wind and solar production, allowing renewable energy to deliver more than 80 percent of America’s electricity.

Dave Kovaleski

Recent Posts

PSEG Long Island honored with award for digital engagement

PSEG Long Island received an award recently for innovation in digital engagement. The CS Week Expanding Excellence Award for Innovation…

11 hours ago

Florida Power & Light to cut fuel charges, reducing overall rates

For the second month running, Florida Power & Light Company (FPL) will reduce customer rates, thanks to approved cuts to…

11 hours ago

New study from National Grid probes energy planning, non-pipeline alternatives

A new study by National Grid and RMI seeks to better understand how integrated energy planning (IEP) and non-pipeline alternatives…

11 hours ago

PJM predicts adequate resources to meet hotter, wetter summer demand

Valley Forge, Pa.-based PJM Interconnection said Thursday it anticipates having enough resources to meet electricity demand for what weather forecasters…

11 hours ago

U.S. Department of Energy selects Mon Power for potential reward of $5M reliability project grant

Mon Energy of West Virginia will begin award negotiations with the United States Department of Energy (DOE) in coming days…

11 hours ago

South Carolina legislation will help Duke Energy Progress customers save money

Innovative legislation will help Duke Energy Progress customers in South Carolina save $35 million in repair costs from a series…

3 days ago

This website uses cookies.