EEI expects transmission investments to top $15bn in 2013

Edison Electric Institute EEI transmission investments $15.1 billion

The Edison Electric Institute (EEI) projects year-over-year total transmission investment from EEI members to continue rising until 2013, reaching a peak of around $15.1 billion, according to a report released this month.

EEI highlighted more than 150 transmission projects in the report with a total investment of around $51.1 billion through 2023. That number is down from the $64 billion highlighted in DDI’s 2012 report because of “changing projections of system needs,” EEI stated in the report.

The report shows actual transmission investments reaching more than $11 billion in 2011, with planned investments reaching more than $13 billion in 2012 and more than $15 billion in 2013 before dropping back to planned investments of nearly $14 billion in 2014.

Of the projects highlighted in the report, 76 percent support the integration of renewable resource generation, comprising about $38.7 of the total investment through 2023. These projects will involve the addition of upgrade of 13,300 miles of transmission, according to the report.

Read more distributed generation news

Sponsored by FLSmidth
Recommend this article Recommend this article () You recommended this article You recommended this article ()
Follow Power Engineering on Twitter

Products Showcase

Dynamic Fluoride Ion cleaning DFIC of industrial natural gas turbines Hi-Tech Furnace Systems

Dynamic Fluoride Ion Cleaning of IGT Parts

The Dynamic Fluoride Ion Cleaning (DFIC) Process from Hi-Tech Furnace Systems is able to clean deep, narrow cracks of oxides by cycling between negative, atmospheric, and positive pressure.

Latest News

Shutterstock coal production trucks

Weekly Coal Production

The Weekly Coal Production shows how much coal is being produced across the U.S.

Federal Reserve Bank of Dallas Weekly Economic Indicators financial business

The Federal Reserve Bank of Dallas' Economic Indicators

The Federal Reserve Bank of Dallas offers a glimpse into how the markets are doing domestical...

Kvaerner awarded contract for gas-fired power plant in Delaware

Kvaerner North American Construction Inc. and its joint venture partner, Parsons Brinckerhoff...

Canadian Solar purchases two solar projects

Canadian Solar Inc. has acquired a majority interest in two utility-scale solar power project...

Operators Restart Unit 2 at PPL Susquehanna

Unit 2 at the PPL Susquehanna nuclear power plant near Berwick, Pa. resumed generating electr...

Settlement agreement limits cost recovery at Edwardsport

The Indiana Utility Regulatory Commission (IURC) on Dec. 27 modified and approved a settlemen...

Toshiba in talks to sell portion of Westinghouse nuclear unit

Toshiba Corp is in talks  to sell up to 16% of its stake in the Westinghouse Electric Co...

Utah nixes nuclear waste storage facility

Plans to park radioactive waste at a storage facility in Utah have been officially called off.

Archived Articles

2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013

Power Engineering Current Issue

Volume 118, Issue 3

Power Industry Wire News

There is no current content available.

Power Engineering

Article Archives for Power Engineering Magazine

Continuing Education

Professional Development Hours

To access a course listing associated to a specific topic listed below, click on the topic of choice from the list below.

Latest Energy Jobs

View more Job Listings >>