1 link tagged with all of: electricity infrastructure + grid modernization + demand
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The article discusses how the aging U.S. electricity grid struggles to meet rising demand due to outdated infrastructure and misaligned incentives. It emphasizes the need for advanced power electronics and innovative solutions to enhance the grid's capacity and efficiency without increasing costs for consumers.
- 70% of transmission lines and many transformers are over 25 years old, earning U.S. energy infrastructure a D+ rating while electricity demand is expected to quadruple
- Transmission and distribution now account for nearly half of consumer electricity costs, even as generation costs have dropped
- Transformer demand has doubled since 2019, prices are up 80%, and the U.S. faces a 30% supply deficit
- The grid still relies on outdated mechanical switches instead of modern power electronics capable of real-time optimization and control