The ongoing threats of power outages due to storms and prolonged cold snaps have raised concerns among U.S. energy regulators about their impact on the electric grid and the economy. In response, the Biden administration has allocated $3.5 billion in grants for clean energy projects that aim to combat climate change and promote renewable energy. However, there are concerns about rising costs, development challenges, and regulatory hurdles that could impede progress.
In an episode of Accelerating Energy, host Ken Irvin, a partner at Sidley, speaks with Larry Gasteiger, Executive Director of WIRES, a nonprofit trade association promoting investment in the North American electric transmission system. The conversation highlights the challenges and opportunities facing energy transmission as the U.S. seeks to electrify the economy and enhance grid resilience.
The discussion emphasizes the need to address regulatory roadblocks to ensure the success of clean energy projects and the resilience of the electric grid. As the U.S. focuses on transitioning to renewable energy sources, it provides valuable insights into the obstacles that must be addressed to achieve these goals.
The episode also serves as an introduction to issues surrounding energy transmission and potential solutions that can support a more sustainable and resilient energy system.
Overall, Accelerating Energy offers a comprehensive overview of the challenges facing U.S. energy policy and provides valuable perspectives on how to overcome them for a more sustainable future.