As renewable power crowds the electricity grid with growing force, transmission operators are upping the stakes for supportive infrastructure.
On Thursday, Midwest Independent Transmission System Operator (MISO) announced its annual expansion plan, which included a $5 billion addition to its traditional $1.5 billion annual expansion plan. The additional money will allow the regional transmission operator (RTO) to create an improved “electric grid superhighway” that includes 215 construction projects. Keep reading →
Electrification As An Economic Megatrend: AOL Energy Week In Review
By Peter GardettDebates that have preoccupied and in some cases paralyzed growth in the US energy sector could be overshadowed by the development of a single megatrend at the heart of the global economy: the transition to electric drives in machines of all kinds.
While electric vehicles are the most visible aspect of that change, and with roughly 250 million cars on the road any switch from gasoline to electric is significant, the switch from motors driven by their own internal combustion devices to significantly more efficient electric systems is already occurring in many parts of the economy where the infrastructure and the focus on cost reduction already exists. Keep reading →