power grid

Electric Power Sector Must Brace for Mounting Weather Disasters, Energy Economist Says

Electric Power Sector Must Brace for Mounting Weather Disasters, Energy Economist Says

The February freeze that crippled the Texas energy grid for days amplified a trend already well underway — high-cost and increasingly frequent climate-related disasters that the electric power industry struggles to manage through. That assessment comes in a new report from energy lender CoBank, based in Denver. The polar outbreak affected several states, requiring rolling…

April 7, 2021
Biden Looking to Overhaul Nation’s Power Grid, Transit Systems in Historic Infrastructure Plan

Biden Looking to Overhaul Nation’s Power Grid, Transit Systems in Historic Infrastructure Plan

President Biden on Wednesday asked Congress for a massive infusion of funding to overhaul the nation’s power grids and expand renewable energy as part of a landmark program designed to fight climate change and expand American jobs. The estimated $2 trillion American Jobs Plan, if enacted by a split Congress, would be the most ambitious…

March 31, 2021