The time to invest in every sector of the energy economy is now, so we can meet today’s needs and deliver tomorrow’s innovation.
The demand for energy keeps growing. The infrastructure we need to deliver it is falling behind, and engineers only give the system a “D+” rating. More than 640,000 miles of high-voltage transmission lines in our power grids are at full capacity. A large percentage of our high-pressure natural gas transmission lines are over 40 years old, leaving them vulnerable to catastrophic failures. And over ten years, weather-related outages, coupled with aging infrastructure, cost the U.S. economy almost $33 billion.
The Grain Belt Express Clean Line Energy would take thousands of megawatts of renewable power from some of America's windiest areas, and deliver it to communities that need it most. The result would be thousands of new construction and operations jobs and billions of dollars in investments in new renewable energy projects.
The Panda Hummel Station power project is one of the largest coal to natural gas replacement projects in the United States. This project has created almost 1,000 jobs, and is expected to contribute more than $5 billion into the local economy. The plant is expected to generate 180% more power which will power more than 1 million homes in Pennsylvania and New York.