The numbers: That’s 2-3X more savings than future scenarios without cross-regional lines, according to modeling by S&P Global Energy’s consulting arm (commissioned by orgs including National Grid).
The reasoning: These lines can transport cheaper electrons along a regional grid—so states are less dependent on pricier local generation.
Why it matters: Chunks of the Eastern Interconnection, including PJM and the Northeast, face skyrocketing power bills and shrinking reliability margins.
Tue, Sep 1
NEWS: Interregional transmission could save Eastern Interconnection customers up to $15.3B by 2050.
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