The recent natural gas pipeline failure shows the need for increased inspection and maintenance for those lines.
Congested transmission paths, or “bottlenecks,” now affect many parts of the grid across the country. One recent estimate concludes that power outages and power quality disturbances cost the economy between $25 billion and $180 billion annually. These costs could soar if outages or disturbances become more frequent or longer in duration. Substantial investment in generation, transmission, and distribution are expected over the next two decades and it has been projected that electric utility investment needs could be as much as $1.5 to $2 trillion by 2030. The US should be spending $75 billion per year on energy infrastructure but is underspending by almost $30 billion per year.
9 page pdf on the energy infrastructure report card
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Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
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