Demand For New Energy Raises Demand For New Wires

GM’s Expansion, Energy Goals Hinge on Renewables’ Power Lines

Bobby Magill, January 16, 2018 (Bloomberg News)

“…General Motors is calling for greater access to wind and solar power through expanded transmission lines to feed growing demand for clean electricity by its future factories and customers…Electric power lines delivering wind and solar power are not a constraint on growth today, but, between 2018 and 2050, new transmission connecting wind and solar farms…[will be critical for the success of companies that have committed to obtaining 100 percent of their electricity from New Energy]…Available renewable power transmission and transmission planning might not meet growing corporate demand for renewable power…Companies that are part of…the Renewable Energy Buyers Alliance, which includes GM, Walmart, and more than 100 other companies, plan to buy more than 60 gigawatts of renewable power by 2025. Only 9 gigawatts have been procured so far…[I]f 90 percent of renewables transmission projects currently in development are built, they would meet 70 percent of the expected demand…” click here for more

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