Who Will Pay for Electricity Infrastructure Investments?
Infrastructure is part of a broader debate about energy and climate, where commercial, regulatory, legal, and technical factors collide. Because of the long life of these assets, contemporary investment choices can have deeply consequential implications, which only intensifies energy debates. Misallocating investment can lead to long-term financial burdens or chronically fragile physical systems. In addition to policy debates, choices about infrastructure are complicated by extenuating factors, including new technologies, increasing incidence of physical shocks over time, and uncertainty about the timing, magnitude, and location of load growth. With all of these swirling uncertainties, it is imperative that industry and government coalesce around a singularity of vision and purpose in refining and expanding our electricity infrastructure…
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