Ultimately addressing the expected growth in electricity demand will require more capital investment in energy production, transportation, and infrastructure. Cutting off investment sources – whether through FERC rule making or AG lawsuits – increases the likelihood of future blackouts and higher costs for consumers. If the goal is to promote widespread prosperity, such actions are simply the wrong policy path.
The U.S. energy grid stands at a crossroads.
It is facing an unprecedented rise in electricity demand driven in no small part by the growth of artificial intelligence and high-tech manufacturing.
Simultaneously, supply is being curtailed by growing power plant retirements.
It doesn’t take an advanced degree in economics to foresee the consequences.
Nothing contained in this blog is to be construed as necessarily reflecting the views of the Pacific Research Institute or as an attempt to thwart or aid the passage of any legislation.
Restricting Capital Investment Is A Losing Energy Strategy
Wayne H Winegarden
Ultimately addressing the expected growth in electricity demand will require more capital investment in energy production, transportation, and infrastructure. Cutting off investment sources – whether through FERC rule making or AG lawsuits – increases the likelihood of future blackouts and higher costs for consumers. If the goal is to promote widespread prosperity, such actions are simply the wrong policy path.
The U.S. energy grid stands at a crossroads.
It is facing an unprecedented rise in electricity demand driven in no small part by the growth of artificial intelligence and high-tech manufacturing.
Simultaneously, supply is being curtailed by growing power plant retirements.
It doesn’t take an advanced degree in economics to foresee the consequences.
Read the op-ed here.
Nothing contained in this blog is to be construed as necessarily reflecting the views of the Pacific Research Institute or as an attempt to thwart or aid the passage of any legislation.