New Report Identifies 22 Shovel Ready Regional and Interregional Transmission Projects
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New Report Identifies 22 Shovel Ready Regional and Interregional Transmission Projects
Lines Would Unlock Renewable Energy Capacity, Create 1.2 Million Jobs, Spur Economic Development, and Increase Grid Resilience
WASHINGTON, D.C.– A brand-new report released today recognizes 22 shovel prepared, high-voltage transmission jobs throughout the nation that, if constructed, would produce around 1,240,000 American tasks and cause 60,000 megawatts (MW) of brand-new renewable resource capability, increasing Americas wind and solar generation by nearly 50 percent. The report, Transmission Projects Ready to Go: Plugging into Americas Untapped Renewable Resources, produced by Americans for a Clean Energy Grid (ACEG) as part of the Macro Grid Initiative, outlines how these jobs might start building and construction soon if more workable transmission policies are enacted.
These regional and interregional transmission lines would not only bring quality wind and solar resources to locations with high demand but also increase economic advancement and grid durability along with supply cost-savings for consumers.
The foundation transmission network supports all types of electricity production, and electricity supports every element of modern-day life, including increasingly transport and all kinds of commerce,” says Rob Gramlich, Executive Director of Americans for a Clean Energy Grid. We do not have a functioning method to recuperate expenses of the large-scale interregional transmission that we require, and it is a proper topic for infrastructure legislation.
Currently, building on these large projects has stalled, avoiding much of the benefits of broadened transmission from being understood. In order for building and construction on these lines to commence, appropriate transmission policies associating with how long-range transmission is prepared, spent for, and allowed must be passed. The report recommends the following policy modifications:
Passage of a transmission investment tax credit;
Direct financial investment in brand-new transmission lines, with the federal government functioning as an “anchor renter” customer;
FERC using its authority to reform transmission preparation and cost allocation; and
Streamlining and accelerating the allowing process.
” Just like the federal interstate highway system helped drive the growth of the American economy in the last half of the 20th Century, an interstate electricity transmission system is needed to power the American economy into the 21st Century,” states Michael Goggin, lead author and Vice President of Grid Strategies, LLC. “Over 1.2 million jobs can be created by building transmission lines to gain access to untapped renewable resources, bringing sorely needed tasks and financial advancement to Americas rural areas. A stronger grid is also the finest service for avoiding power failures, like the tragic events that affected Texas and other parts of the Central U.S. in February.”
” Expanding and updating our outdated transmission system, a central tenet of President Bidens brand-new American Jobs Plan, is an extraordinary financial opportunity for our country,” states Gregory Wetstone, President and CEO of the American Council on Renewable Energy (ACORE). “With clever transmission policies in location, we can put Americans back to work in good-paying tasks developing a more reputable, carbon-free and efficient grid.”
The 22 proposed jobs are explained in detail in the report and depicted in the map listed below.
The foundation transmission network supports all types of electricity production, and electrical energy supports every aspect of modern life, consisting of significantly transportation and all kinds of commerce,” says Rob Gramlich, Executive Director of Americans for a Clean Energy Grid. In order for building and construction on these lines to commence, proper transmission policies relating to how long-range transmission is planned, paid for, and allowed need to be passed.” Just like the federal interstate highway system helped drive the development of the American economy in the last half of the 20th Century, an interstate electrical energy transmission system is required to power the American economy into the 21st Century,” says Michael Goggin, lead author and Vice President of Grid Strategies, LLC. About Macro Grid Initiative: The Macro Grid Initiative is a joint effort of the American Council on Renewable Energy and Americans for a Clean Energy Grid to promote financial investment in a 21st century transmission facilities that enhances dependability, improves performance and delivers more inexpensive clean energy. ACEG brings together the diverse support for a broadened and modernized grid from business, labor, customer and environmental groups, and other transmission supporters to support policy which recognizes the benefits of a robust transmission grid.
To read the new report, Transmission Projects Ready to Go: Plugging into Americas Untapped Renewable Resources, click here.
This report was commissioned by Americans for a Clean Energy Grid with support from the Macro Grid Initiative, a task of the American Council on Renewable Energy.
Additional quotes relating to the report can be discovered on the ACEG site.
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About Macro Grid Initiative: The Macro Grid Initiative is a joint effort of the American Council on Renewable Energy and Americans for a Clean Energy Grid to promote investment in a 21st century transmission facilities that improves reliability, enhances performance and delivers more low-priced clean energy. The Initiative works closely with the American Wind Energy Association, the Solar Energy Industries Association, the Advanced Power Alliance and the Clean Grid Alliance to advance our shared goals.
About Americans for a Clean Energy Grid: Americans for a Clean Energy Grid (ACEG) is the only non-profit broad-based public interest advocacy coalition concentrated on the requirement to expand, incorporate, and update the North American high-voltage grid. ACEG combines the varied assistance for an expanded and improved grid from organization, labor, consumer and environmental groups, and other transmission supporters to support policy which acknowledges the benefits of a robust transmission grid. For additional information, please visit cleanenergygrid.org
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Media Contacts:.
Alex HobsonVice President of CommunicationsAmerican Council on Renewable Energyhobson@acore.org|202.777.7584 (o)|202.594.0706 ( c).
Nicolette SantosCommunications AssociateAmericans for a Clean Energy GridNicolette@dgardiner.com|703.717.5501 (o)|626.862.8464 (c).