The podcast explores the risks and challenges faced by the US power grid due to aging infrastructure, extreme weather, higher electricity usage, and increased renewable energy. It discusses the occurrence of power surges and their potential flow into homes, emphasizing the need to manage and maintain power quality. The episode also highlights the widespread power quality issues, limited data on risks, and the complexity of the power grid, urging for monitoring and minimizing risks to prevent damage.
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Quick takeaways
Dangerous power surges can flow into homes due to aging infrastructure, extreme weather, higher electricity usage, and the push towards electrification.
The lack of comprehensive investigation and risk assessment at the federal level presents a challenge in effectively addressing the issues of power surges and voltage swings.
Deep dives
Power surges and the risk to homes
Power surges can pose a serious risk to homes, as seen in the case of a house fire in Waltham, Massachusetts. When the power grid experienced a power surge, some houses in the neighborhood had flickering lights, while others had power surges within their homes. This incident highlights the growing problem of dangerous power surges that can happen in various places. Factors contributing to the increased risk include an aging infrastructure, extreme weather, higher electricity usage, and the push towards electrification. To prevent such incidents, utilities are exploring options like underground power lines, but cost remains a significant hurdle.
Lack of oversight and sparse data
The occurrence of power surges and voltage swings is difficult to track due to the decentralized nature of regulation. While federal oversight exists for larger utility sites, local energy sites like the substation in Waltham do not have the same level of oversight. Data on the scale and frequency of power quality issues is sparse, but estimates suggest that around 1.2 million homes in the US are exposed to dangerous power surges. The lack of comprehensive investigation and risk assessment at the federal level presents a challenge in addressing these issues effectively.
The challenge of making the power grid resilient
Building a more resilient power grid is a complex task. Utilities are exploring measures like undergrounding power lines to mitigate power quality issues and make the grid more resistant to extreme weather. However, cost considerations pose a significant hurdle to widespread implementation. The cost of undergrounding power lines can range from $1 million to $3 million per mile, and these expenses ultimately get passed on to customers. Making the power grid more resilient requires careful investment planning and balancing affordability with the need for improved infrastructure.
The US power grid has long been under pressure. But now, aging infrastructure is facing more extreme weather, more electricity usage and more renewable energy coming online.
These strains on the grid mean dangerous power surges could potentially flow directly into people's homes. In today's episode, Bloomberg's Naureen Malik takes us inside the realities of electrification.