• 9 hours Retail On Pace For Most Bankruptcies And Store Closures Ever In One Year: BDO
  • 10 minutes America Could Go Fully Electric Right Now
  • 2 days Majors Oil COs diversify into Renewables ? What synergies forget have with Solar Panels and Wind Tirbines ? None !
  • 11 mins Clean Energy Is Canceling Gas Plants
  • 43 mins GAME CHANGER: MIT Startup Commonwealth Fusion says Commercial Product by early 2030s ! THIS CHANGES EVERYTHING..
  • 2 hours America's Frontline Doctors - Safely Start Living Again!
  • 13 hours Biden denies fracking ban
  • 13 hours "COVID Kills Another Oil Rally" by Tom Kool 10/16/2020
  • 2 hours OP article : "Trump blasts Biden Fracking Plan . . . "
  • 5 hours The Leslie Stahl/60 Minutes Interview with President Trump
  • 7 hours Is the coal industry on the way out?
  • 18 hours Australia’s Commodities Heartland Set for Major Hydrogen Plant
  • 1 day Conoco Pledges ‘Net-Zero’ Emissions in Break With U.S. Rivals
  • 2 days A sneak peak into the US election
The Consolidation Of U.S. Shale

The Consolidation Of U.S. Shale

The shale consolidation wave is…

U.S. Needs To Overhaul Grid To Boost Renewable Energy

The U.S. will need more long-haul interstate power lines to support the installation of large amounts of solar and wind energy in places where resources are abundant, industry experts tell Bloomberg, noting that additional power lines are critical to achieving any ambitions of zero-carbon energy sources in any U.S. state.

While the share of wind and solar power generation continues to set records, the U.S. urgently needs power transmission lines to take the electricity produced in the sunny Southwest or the windy Great Plains to the cities, analysts say.  

“It’s going to be impossible to build new renewables in Kansas unless we do something with the grid,” Michael Skelly, who founded the now defunct Clean Line Energy Partners to build some transmission projects, told Bloomberg.

According to BloombergNEF U.S. analyst Ethan Zindler, without power lines, there couldn’t be any 100-percent renewables power generation anywhere in the United States.

“If you want a shot at 100% carbon-free, you’re simply going to need to transmit solar and wind power from America’s Saudi Arabia of renewables—the Southwest and the Midwest—to the cities,” Zindler told Bloomberg.

Some are trying with power line projects. Direct Connect Development Company of Minneapolis plans to develop the SOO Green high-voltage direct current (HVDC) Link –  a 350-mile, 2,100 MW, 525KV underground high-voltage direct current (HVDC) transmission line running along existing rail corridors from Iowa to Illinois.

The project, expected to drive US$2.5 billion in direct investment and create 12,000 construction jobs and more than 75 jobs during operation in Iowa and Illinois, currently plans commercial operation to begin by the end of 2024. Project development and permitting is underway and on schedule to begin construction in early 2022.

Meanwhile, the Southwest Power Pool (SPP), the regional transmission organization that manages the electric grid for much of the central United States, has recently set records for the highest share of electricity demand supplied by wind power in both a single-hour period and a full day, the EIA said last week.  

By Tsvetana Paraskova for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage



Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News