The Eastern Interconnection Planning Collaborative (EIPC), funded by the U.S. Department of Energy, released a two-phase study assessing future power sector infrastructure needs across the Eastern Interconnection. Phase II of the study developed transmission expansion buildouts for three future scenarios selected from a larger set of eight scenarios identified in Phase I. The three scenarios include (1) a nationally-implemented federal carbon constraint with increased energy efficiency and demand response, (2) a regionally implemented national renewable portfolio standard, and (3) a business as usual future. Between 2015 and 2030, transmission expansion for scenarios 1 and 2 is estimated to cost up to $115 and $80 billion, respectively, with annual operating cost savings corresponding to $52.6 billion and $9.7 billion, respectively. This indicates that Scenario 1, with national policy and transmission expansion, provides large net benefits relative to Scenario 2’s regional solutions and Scenario 3’s business as usual scenario. The Eastern Interconnection Planning Collaborative – Phase 1 The Eastern Interconnection Planning Collaborative – Phase 2 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