American Society of Civil Engineers

The nation got a wakeup call recently when the American Society of Civil Engineers (ASCE) released its Report Card for America’s infrastructure. Listed among the failing grades for roads, bridges and ports, was a grim evaluation of our energy infrastructure.

Giving it a grade of D+, the Report Card detailed the need for investment throughout the nation’s electricity system, but focused primarily on the aging electric grid. The nation’s power grid, which consists of a system of interconnected power plants, transmission and distribution facilities, some of which date back to the 1880s, is in dire need of repair. Keep reading →

Despite progress, US infrastructure continues to get a near-failing grade from the nation’s engineers, the Keystone debate drags on, climate change policy is back in the headlines and Europeans contending with Cyprus’ financial meltdown are wondering if oil and gas development could help resolve some of the island nation’s issues.

The American Society of Civil Engineers releases its 2013 Report Card for America’s infrastructure today, and the country’s parents wouldn’t exactly be enthusiastic. From deficient bridges to power outages and ever-growing traffic, the country’s score only “inched up” to a D plus, the group says. Find out more here. Keep reading →

Without adequate investment on infrastructure the US could face a $2.4 trillion drop in consumer spending by 2020, a $1.1 trillion loss in total trade and experience the loss of 3.5 million jobs in 2020 alone.

This is just a sliver of the doom and gloom the American Society of Civil Engineers predicted this week with the release of their final report in the “Failure to Act” series that focuses on the impacts associated with continued infrastructure deterioration. The latest installment of the ASCE reports focuses on specifically on economic impacts. Keep reading →

Amid eye-popping estimates of the cost of needed US electric infrastructure upgrades, the evidence so far this year suggests that progress on transmission at least is slow.

New data from the Federal Energy Regulatory Commission (FERC) show only 98.6 miles of transmission projects were completed between January and April, which at an annual rate is far short of the 1,985 miles completed for the whole of 2011. Keep reading →

Infrastructure investing has been a hot business sector for several years against a background of swift economic development in the emerging world and efforts by developed-world governments to limit the impacts of a grinding recession, energy infrastructure investment has continued to lag needs.

While investing in water or transportation infrastructure has links to energy both in the way deals are structured and in how the actual assets impact each other, energy infrastructure has some key differences, highlighted by the American Society of Civil Engineers in its recent report on Investment Trends in Electricity Infrastructure. Keep reading →

Anyone who thought economics was the dismal science should try civil engineering.

Despite more than a quarter of a trillion dollars in investment from 2001 to 2010 the US is still facing an enormous shortfall in electricity infrastructure. That decade was marked by higher spending on reliability in the years that followed the high-profile California blackouts and were interrupted by an equally notable New York City blackout. Keep reading →