The Role of Advanced Conductors in Meeting U.S. Decarbonization Goals
- Oct 21, 2021 7:09 pm GMT
One of the Biden Administration’s primary goals is to achieve 100% carbon-free electricity by 2035. While demand for electricity is anticipated to grow by as much as 40% by mid-century to support ‘electric conversion’ in the automotive, industrial and other sectors, the need to build a more robust and efficient electric power grid has never been more urgent.
Currently, approximately 65% of all electricity generated in the U.S. relies on fossil fuels - responsible for over 1.7 billion metric tons of CO2 emissions every year. To reduce this number to ZERO by 2035, approximately 53 GW of new carbon-free generation will need to be added to the grid every year for the next 14 years (not including additional generation resources needed to meet growing electrical demand in other sectors, including transportation). Unfortunately, the existing electric power grid is aged, inefficient, constrained and in many cases congested – meaning that it is unable to access cleaner generation resources. And, the current process for interconnecting large amounts of generation capacity is broken. Siting new transmission lines is nearly impossible and, if it can be done, the process can take a decade or more, which does not support the 2035 goal of ZERO-carbon emission in the electric sector.
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