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Are Corporate Interests Holding Back US Electrical Grid Expansion?


Long-time Slashdot reader BishopBerkeley writes: Though it does not come as much of a surprise, a new study highlighted in IEEE Spectrum delves into how corporate profit motives are preventing the upgrading and the expansion of the U.S. electrical grid. The full report can be downloaded here from th...

Long-time Slashdot reader BishopBerkeley writes: Though it does not come as much of a surprise, a new study highlighted in IEEE Spectrum delves into how corporate profit motives are preventing the upgrading and the expansion of the U.S. electrical grid. Even without renewables, better integrated networks generally lower costs for consumers because they reduce the amount of generation capacity needed overall and decrease energy market prices. The article points out that now investors and entrepreneurs "are developing long-distance direct-current lines, which are more efficient at moving large amounts of energy over long distances, compared with AC," and also "sidestep the utility-dominated transmission-expansion planning processes."

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