Restricting Capital Investment Is A Losing Energy Strategy
Electricity transmission
getty
The U.S. energy grid stands at a crossroads. It is facing an unprecedented rise in electricity demand driven in no small part by the growth of artificial intelligence and high-tech manufacturing. Simultaneously, supply is being curtailed by growing power plant retirements. It doesn’t take an advanced degree in economics to foresee the consequences.
Policy makers are scrambling for answers before the inevitable power shortages and skyrocketing prices kick in. But for every potential solution that would ease the grid’s strain – keeping plants online, expediting permitting reviews and cutting bureaucratic red tape – policy actions are being taken that would damage energy industries’ ability to attract…
