Grid Investments
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Edison Electric Institute CEO Drew Maloney on investing in the power grid
CNBC Television· 2025-11-10 20:56
Grid Investment and Infrastructure - The electrical grid is the most critical engine in America, with companies investing over $1 trillion (万亿) in the next 5 years to ensure reliable and affordable power for the growing economy [2][3] - Permitting costs can account for 20% of electricity bills, highlighting the need for permitting reform to reduce costs and expedite power delivery [7] - Data centers want to be connected to the grid for reliability and a diverse energy mix, potentially lowering costs and stabilizing the grid [12][13][14] Energy Sources and Technologies - There are currently zero nuclear power plants under construction in the United States, with optimism surrounding small modular reactors, though none are currently operating [5] - The industry needs as much power and as many electrons on the grid as possible, emphasizing the need to accelerate power generation [6] - While government incentives exist for nuclear power development in national labs, proving the technology and building large-scale nuclear plants is crucial [9][10] Regulatory and Policy Issues - Permitting reform is needed, as building a power plant or transmission line in the US can take over a decade, compared to less than three years in China [6] - Bureaucratic red tape, including NEPA, water permits, and litigation, adds time and costs to infrastructure projects, which is unacceptable for customers [7][8] - Congress is called upon to pass permitting reform to accelerate power delivery and lower costs [6]
X @Bloomberg
Bloomberg· 2025-09-12 13:30
Investment & Demand - Spain plans to increase grid investments to €13.6 billion [1] - Power demand in Spain is projected to rise through 2030 [1]