Analysis: As Congress battles over the debt ceiling and permitting reform, here’s what’s at stake for the renewable energy industry and 2050 “net zero” carbon target.
,” a long line of projects across the country that are waiting to get plugged in to the country’s aging electricity grid. Right now, key areas of the grid are at capacity — imagine a freeway traffic jam — and new wind and solar can’t be added unless the grid is upgraded, which costs developers money. According to
Many developers end up withdrawing their projects due to the high costs of connecting to the grid. According to Rand’s data, only 21 percent of the projects entering the long line ultimately get built. And for the projects that do get built, getting through the process takes years. It now takes an average of about five years for an energy project to be operational once it enters the queue.
“The best sites for wind and solar happen to be in the sunny Southwest or the windy Midwest,” said Johan Cavert, a transmission policy analyst at the think tank the Niskanen Center. “And those areas are just not near the biggest population centers.” rubber-stamp those projects. That means that a transmission line can take eight to 15 years to build, slowing progress on clean energy.
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