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Grid Vision: The Electric Highway to a 21st Century Economy

Grid Vision: The Electric Highway to a 21st Century Economy

Full Title: Grid Vision: The Electric Highway to a 21st Century Economy
Author(s): American Wind Energy Association
Publisher(s): American Wind Energy Association
Publication Date: May 1, 2019
Full Text: Download Resource
Description (excerpt):

Electricity is the lifeblood of the modern U.S. economy, yet much of America’s electric grid is outdated and in dire need of investment and expansion to bring it into the 21st Century. The American Society of Civil Engineers recently gave America’s electricity infrastructure a mark of “D+,” and grid congestion and power outages cost American businesses billions of dollars each year.

To better understand the best way to update and invest in the grid, and any associated consumer benefits, the American Wind Energy Association (AWEA) undertook a literature review that examines building out the country’s transmission infrastructure. This paper finds investing in upgrading and expanding America’s transmission system will improve electric
reliability and resiliency, reduce electricity costs for consumers, bolster national security, reduce environmental impacts, and create jobs and economic development. Dozens of studies confirm that an investment in transmission will pay for itself many times over.

All statements and/or propositions in discussion prompts are meant exclusively to stimulate discussion and do not represent the views of, its Partners, Topic Directors or Experts, nor of any individual or organization. Comments by and opinions of Expert participants are their own.

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