THE TRANSMISSION FACTOR
WHAT IS IT ABOUT the next decade-plus that will be relatively favorable to transmission development, in spite of considerable challenges?
It’s a good question. Information collected from Edison Electric Institute’s (EEI’s) latest “Transmission Capital Budget and Forecast Survey” indicates that shareholder-owned electric utilities and stand-alone transmission companies plan to invest $55 billion (real $2011) in transmission construction between 2012 and 2015. If realized, this investment would represent a 39-percent increase over actual total transmission investment from 2007 to 2010. EEI’s data suggest, too, that transmission investment should peak in 2013 before tapering off somewhat in 2014 and 2015 as major transmission projects are completed in California, Texas, and in the Midwest.
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