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Power Flows: Understanding the Barriers to Electricity Transmission, with Catherine Hausman
Sep 10, 2024
Catherine Hausman, an Associate Professor at the University of Michigan, dives deep into the complexities of electricity transmission costs and their environmental impact. She reveals how insufficient transmission infrastructure affects renewable energy deployment in the Midwest, leading to increased consumer prices and emissions. Hausman discusses the power dynamics of companies potentially losing revenue from new transmission lines and their influence on policies that hinder progress. The conversation is both enlightening and engaging, sprinkled with whimsical book recommendations and lighthearted debates.
29:45
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Quick takeaways
- Building new electricity transmission lines can significantly lower energy costs and facilitate the integration of renewable energy into urban areas.
- Corporate interests often hinder the construction of transmission infrastructure, negatively impacting grid efficiency and increasing costs for consumers.
Deep dives
The Economic Imperative of Transmission Expansion
The construction of electricity transmission lines is essential for lowering energy costs and facilitating the access of renewable energy sources to urban demand centers. As renewable energy is often located far from where people live, building adequate transmission infrastructure is critical to transport this power efficiently. Furthermore, integrating a robust transmission network enhances grid resilience against natural disasters and allows for better use of the most cost-effective power plants. Failure to do so can lead to substantial economic losses, as seen in recent years where $2 billion in excess costs arose from transmission constraints in the grid system.
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