Power generation and delivery is a highly capital-intensive industry. The utility franchise system in place today stems from the need for certainty that major investment in new power plants and T&D infrastructure will be recouped reliably over time from entities the facilities were designed to serve. However, the monopoly vision is starting to blur, while T&D planners contend with the retirement of ancient central station power plants and an ever-morphing array of renewables and
T&D Infrastructure Investing in Uncertain Times
The level of investment as well as the difficulty of planning and completing new delivery systems almost certainly means we have one shot at getting the next generation of T&D asset investments correct.