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By Jesse Berst
Despite the rosy predictions for this year, the report predicts that annual transmission expenditures will decline starting in 2014. It cites several major projects that have recently been modified, delayed or canceled. Those changes and cancellations were primarily due to lower than expected growth in demand, attributable to the current economic environment. Other factors include the improvements in energy efficiency and demand response, which are reducing the need for transmission to bring in additional supply.
The report provides snapshots of over 150 transmission projects by EEI member companies, totaling approximately $51.1 billion in transmission investments through 2023. It also highlights the broad range of transmission projects under way in the U.S. that support a variety of needs and objectives.
More on transmission…
Smart grid? How about smart wires?
Engineers highlight U.S. infrastructure investment gaps: the $3.1 trillion problem
Forget smart grid. Think SUPER grid (hint: high-voltage transmission)
Jesse Berst is the founder and chief analyst of Smart Grid News.com, the industry's oldest and largest smart grid site. A frequent keynoter at industry events in the U.S. and abroad, he also serves on advisory committees for Pacific Northwest National Laboratory and the Institute for Electric Efficiency. He often provides strategic consulting to large corporations and venture-backed startups. He is a member of the advisory boards of GridGlo and Calico Energy Services.
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