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Connecting the U.S. Grid: Transmission Developers Make Headway

Connecting the U.S. Grid: Transmission Developers Make Headway

FromColumbia Energy Exchange


Connecting the U.S. Grid: Transmission Developers Make Headway

FromColumbia Energy Exchange

ratings:
Length:
47 minutes
Released:
Mar 14, 2023
Format:
Podcast episode

Description

States’ net zero and clean-energy goals are requiring the electricity sector to reduce emissions. Getting there means building new renewable energy projects and then connecting them to cities. But the grid is congested and needs more capacity for renewables and secure power supplies. New transmission lines could solve that problem. Private transmission developers are looking to build high-voltage, direct-current lines across multiple states. Among them is Michael Skelly. A decade ago, his company Clean Line Energy attempted to do this. Now he’s back with another venture, Grid United.  More cross-country connections would boost reliability and help get more renewable energy online. However, addressing different regulatory environments, stakeholder interests, and landowners—an important part of the process—make interstate transmission hard to build. Even with these challenges, long distance projects have been making headway.  So, why is it important to build transmission across the country? Why are private developers taking on the task? And what’s causing these projects to gain momentum in recent months?   This week host Bill Loveless talks with Michael Skelly about the nation’s transmission needs and how the development landscape has changed over the years. They discuss why momentum is growing to build more multi-state lines.  Michael is the founder and CEO of Grid United. The company is currently involved in the North Plains Corridor project, which would be the first transmission connection between three regional U.S. electric energy markets in the Midwest, West, and Southwest.
Released:
Mar 14, 2023
Format:
Podcast episode

Titles in the series (100)

Columbia Energy Exchange features in-depth conversations with the world’s top energy and climate leaders from government, business, academia and civil society. The program explores today’s most pressing opportunities and challenges across energy sources, financial markets, geopolitics and climate change as well as their implications for both the U.S. and the world.