Charlotte, NC
Sign InEvents
CHARLOTTE BUSINESS
Magazine
Our Top 5
DOW
S&P
NASDAQ
Real EstateFinanceTechnologyHealthcareLogisticsStartupsEnergyRetail
● Breaking
Anson County Water Line Break Disrupts Regional ServiceDavidson's Main Street Disrupted by Storm Damage to Power InfrastructureCharlotte Council Eyes Youth Ordinance as Property Owners Tighten SecurityHomicide Investigation in Northeast Charlotte Near West 30thVW CEO Faces Headwinds Amid Labor Opposition to OverhaulAnson County Water Line Break Disrupts Regional ServiceDavidson's Main Street Disrupted by Storm Damage to Power InfrastructureCharlotte Council Eyes Youth Ordinance as Property Owners Tighten SecurityHomicide Investigation in Northeast Charlotte Near West 30thVW CEO Faces Headwinds Amid Labor Opposition to Overhaul
Energy
Energy

DOE: Expanding Grid Capacity Crucial to Curbing Transmission Costs

The Department of Energy warns that transmission bottlenecks cost the nation $12 billion in additional wholesale power expenses during 2024.

According to a draft Department of Energy report on U.S. transmission infrastructure, congestion across the nation's power grid imposed $12 billion in additional wholesale power costs during 2024. The finding underscores persistent challenges in moving electricity from generation sources to end consumers, highlighting the economic toll of aging and capacity-constrained transmission systems.

The DOE's assessment suggests that expanding transfer capacity across key transmission corridors represents the most direct solution to alleviating these bottlenecks. As renewable energy generation expands and demand patterns shift, current infrastructure limitations increasingly constrain the efficient distribution of power, forcing utilities to rely on higher-cost alternatives and less efficient generation sources.

The report's findings carry significant implications for energy policy and infrastructure investment priorities, as regulators and policymakers weigh the need for substantial transmission upgrades against other grid modernization priorities. Addressing transmission constraints could yield substantial cost savings for consumers while improving system reliability and facilitating the integration of distributed and renewable energy resources.

transmissiongrid infrastructureenergy costsDOEpower grid
Related Coverage