Tag: power transmission

Expanding the US Grid: DOE announces USD13 billion BIL funding for transmission

The Biden Administration has been working on advancing transmission buildout to deliver 100 per cent clean electricity by 2035 and reducing greenhouse gas emissions to 50-52 per cent below 2005 levels by 2030. To support these goals, huge dedicated federal funding allocations have been made for grid modernisation under the Bipartisan Infrastructure Law (BIL), enacted as the Infrastructure Investment and Jobs Act (IIJA) in November 2021.

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Focus on Energy Transition: Italy Unveils Grid Development Plan 2021

Italy’s National Energy and Climate Plan (PNIEC) has set very ambitious targets for renewables by 2030, aiming to reach 30 per cent in total energy consumption and 55 per cent in electricity generation. To achieve these targets, around 40 GW of new renewable capacity, mostly wind and photovoltaic, will need to be installed in the country by 2030. The recently unveiled 2021 Development Plan for the national electricity transmission grid mirrors these ambitious targets of energy transition with planned investments 25 per cent higher than the previous 10-year development plan.

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Complete rethink of U.S. electricity transmission is needed to manage climate change: Niskanen Center

Most analyses find that to manage climate change, the United States will need to double or triple the size of its electric transmission system to move low-cost wind and solar energy around the nation and back it up with always-on power plants. But a newly released report from Clean Air Task Force and the Niskanen Center finds that the current piecemeal, project-by-project approach to expanding U.S. electricity transmission won’t get us there. It instead calls for a new system to rapidly scale capacity — including by potentially establishing a National Transmission Organization that would plan, site, and fund a national grid to ensure that burdens and benefits are fairly shared.

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