Renewal and expansion of North America’s electric transmission grid has the potential to create hundreds of thousands of jobs and spur development of wind and solar energy sources if sufficient private investment is made in coming decades, industry experts said.

A study for the Working Group for Investment in Reliable and Economic Electric Systems (WIRES) has estimated US investment in the grid could be made at some $12 to $16 billion a year until 2030 if planning, permitting and cost-recovery challenges can be overcome. Keep reading →