WASHINGTON, D.C. – The U.S. Division of Power (DOE) has introduced an funding of $1.5 billion in 4 transmission tasks being developed by American Council on Renewable Power (ACORE) members. These tasks will allow almost 1,000 miles of recent transmission growth all through Louisiana, Maine, Mississippi, New Mexico, Oklahoma, and Texas, and create roughly 9,000 good-paying jobs. Right this moment, DOE additionally launched the ultimate Nationwide Transmission Planning Research, which finds the U.S. should considerably develop its transmission system to satisfy America’s demand development and reliability wants.
Following is an announcement from ACORE President and CEO Ray Lengthy:
“The analysis is evident – strengthening our nation’s transmission system is important to accelerating America’s clear vitality transition and cost-effectively guaranteeing a dependable electrical grid. The Nationwide Transmission Planning Research demonstrates how a considerable enlargement of America’s transmission system that aligns with the imaginative and prescient of ACORE’s Macro Grid Initiative would save taxpayers $270-$490 billion by mid-century. Which means that for each greenback spent on transmission, we may save $1.60-$1.80 in system prices. Upgrading the grid is a no brainer, however to appreciate these sizeable advantages, America should reform its burdensome allowing course of to make sure these essential transmission strains may be inbuilt a well timed method.
“We commend the Division of Power for immediately’s funding in 4 transmission tasks that can create 1000’s of good-paying jobs and allow extra inexpensive clear vitality to energy America’s properties and companies. These investments will greater than pay for themselves in advantages, and we congratulate the ACORE members behind every of those spectacular tasks.”
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About ACORE:
For over 20 years, the American Council on Renewable Power (ACORE) has been the nation’s main voice on the problems most important to renewable vitality enlargement. ACORE unites finance, coverage, and expertise to speed up the transition to a renewable vitality economic system. For extra info, please go to www.acore.org.
Media Contacts:
Alex Hobson
Sr. Vice President, Communications
American Council on Renewable Power
hobson@acore.org | 202.830.3592 (o) | 202.594.0706 (c)
Dylan Helms
Affiliate, Communications
American Council on Renewable Power
helms@acore.org | 202.935.6491 (o) | 727.290.8804 (c)
