transmission network

North America will spend a cumulative US$12 trillion on renewable energy generation and its transmission by 2050, according to Norwegian-headquartered consultancy firm DNV.

California’s transmission and distribution grid networks will need to expand fourfold and tenfold, respectively, to meet net zero targets.

Despite projections that solar PV and wind generation capacity will more than double by 2035, the Texas transmission grid will need to be upgraded to avoid increased asset curtailment across the state.

Western US electricity utility Pacificorp has released its 2023 Integrated Resource Plan (IRP) outlining significant solar, wind and storage capacity expansions as well as investment into new transmission lines.

Brazil will invest BRL50 billion (US$9.5 billion) in new transmission lines and infrastructure to boost solar and wind deployments.

Australia’s government is supporting the development of two major transmission projects to facilitate the connection of additional renewable energy capacity.

Cost certainty, reducing wait times and more flexible agreements with utilities are crucial to solving the US’ interconnections problems that are holding the country back from reaching its renewables targets

The Electricity Transmission Competition Coalition (ETCC) has called for the Federal Energy Regulatory Commission (FERC) to require transmission competition for projects that are 100kV or larger, branding a lack of competition as “inflationary policy” and slamming the Commission's decision to re-write its refusal rules.  

Iberdrola has recorded a profit of €2.07 billion in H1 2022 with strong performances in its international business offsetting adverse results in Spain.