U.S. energy regulators are raising concerns about the increased risk of power outages due to storms and prolonged cold snaps, warning that these issues will continue to impact the electric grid and the economy. Despite the Biden administration’s recent announcement of $3.5 billion in grants for clean energy projects to combat climate change and promote renewable energy, obstacles such as mounting costs, development delays, and regulatory challenges may hamper progress.
In the debut episode of Accelerating Energy, host Ken Irvin, a Sidley partner, engages in a discussion with Larry Gasteiger, the Executive Director of WIRES, a nonprofit trade association that advocates for investment in the North American electric transmission system. Together, they explore the challenges and opportunities related to energy transmission as the United States aims to electrify the economy and enhance the resilience of the grid.
As the U.S. energy regulators express concerns about the increased threats of outages from storms and prolonged cold snaps, they warn of the potential impact on the electric grid and the economy. Despite the recent announcement of $3.5 billion in grants for clean energy projects, obstacles such as mounting costs, development delays, and regulatory challenges could impede progress. In the first episode of Accelerating Energy, host Ken Irvin and WIRES Executive Director Larry Gasteiger discuss the challenges and opportunities related to energy transmission in the United States’ efforts to electrify the economy and bolster grid resilience.