Grid Vision provides three key policy recommendations for realizing the benefits of an expanded transmission system. These three recommendations are centered around the “Three Ps” of Planning, Paying and Permitting, which call for forward-thinking and collaborative transmission planning, broad transmission cost allocation to reflect the broadly distributed benefits of transmission, and the simplification of interstate transmission line siting, respectively. Grid Vision concludes that expanding the current transmission system network could save consumers as much as $47 billion annually, a roughly 10 percent reduction in electric bills. Grid Vision: The Electric Highway To A 21st Century Economy Share this TweetShare on Twitter Share on LinkedInShare on LinkedIn Share on FacebookShare on Facebook Related PostsHVDC Transmission: A National Security and Energy Resilience ImperativeAugust 3, 2023The Latest Market Data Show that the Potential Savings of New Electric Transmission was Higher Last Year than at Any Point in the Last DecadeMarch 21, 2023ACORE’s 2023 Priorities for Transmission Permitting and Siting LegislationFebruary 6, 2023A Roadmap to Diversify the U.S. Renewable Energy and Battery Storage Supply ChainsDecember 15, 2022House Letter to Biden on Commerce InquiryMay 18, 2022Commerce 2012 Scope ClarificationMay 10, 2022
The Latest Market Data Show that the Potential Savings of New Electric Transmission was Higher Last Year than at Any Point in the Last DecadeMarch 21, 2023