ICYMI - S&P Global Market Intelligence reported on a recent analysis prepared for WIRES: "A new report from the consulting firm Grid Strategies LLC finds that a one-year delay on high-dollar, large-scale electric transmission projects can drive up consumer costs by 15% to 37% in lost benefits." Translated into dollars, for every $1 billion investment in well-planned, large-scale transmission that is delayed, Grid Strategies finds it costs consumers approximately $150 million to $370 million in lost net benefits for each year of delay. The net/net: "'Consumers benefit most when transmission projects are energized as soon as possible,' the report said. 'The affordability of electricity supply depends in no small part on timely execution of efficient and cost-effective transmission expansion.'" Author: Zack Hale https://lnkd.in/e8ZtEuB7 #transmission #affordability #datacenters #AI #gridreliability #gridresilience #gridstrong #moderngrid #robustgrid #gridmodernization
