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As our country’s demand for electricity continues to increase, the system must be expanded and upgraded to meet the needs of our growing population and digital economy. In order to build the system to better meet current and future demand, to alleviate congestion, and to reinforce system reliability, electric companies have earmarked billions of additional dollars for investment in the coming decade. Shareholder-owned electric companies invested nearly $49 billion in the nation's transmission system from 2000 to 2007, and are expected to spend an additional $31 billion from 2008 to 2010. According to a 2008 report by The Brattle Group, the electric power industry will need to invest $298 billion in the nation’s transmission system from 2010 to 2030 in order to maintain reliable service.
Energy Delivery Group