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Renewable Energy Update - April 2021 #3 | Allen Matkins


S&P Global – April 12
A package of far-reaching reforms to expand the nation’s high-voltage electric transmission system is coming into focus as congressional Democrats begin drafting legislation in line with President Joe Biden’s $2 trillion infrastructure vision. The suite of policy proposals is largely centered on a new investment tax credit for regionally significant transmission lines and potentially two new grid-focused offices housed within the U.S. Department of Energy and the Federal Energy Regulatory Commission. The transmission blitz comes amid a wave of recent in-depth reports highlighting the benefits associated with expanding and upgrading the nation’s regionally siloed electric grid to accommodate increasing levels of variable renewable energy penetration. ....

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