Wall Street Journal (August 18)
2023/ 08/ 20 by jd in Global News
“A fraying electric grid is a nationwide problem,” with estimates suggesting over $700 billion “will need to be spent to replace aging transmission lines and maintain grid reliability” as 60% of “U.S. distribution lines have surpassed their 50-year life expectancy” and the “average age of large power transformers is 40 years, twice their planned life span.” Meanwhile, “grid upgrades to achieve the net-zero promised land” are estimated to “cost another $2.5 trillion by 2050.”
Tags: $2.5 trillion, 2050, Aging, Electric grid, Fraying, Grid reliability, Life expectancy, Nationwide problem, Net-zero, Power transformers, Transmission lines, U.S., Upgrades
