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

Related Articles

CHP: An Emerging Market

Caterpillar introduces new diesel generators

Caterpillar Inc. has launched two new 50 Hz extensions of diesel generator sets that will offer fuel-efficient power nodes, addressing the growing demand for backup power.

Follow Power Engineering on Twitter

Latest News

Hinkley Point C nuclear power plant lawsuit Germany

German co-op to sue over Hinkley Point C nuclear incentives

A German energy cooperative said it will sue the European Commission over incentives for a nu...
University of Iowa plans steam generating power plant

University of Iowa proposes $75 million power plant

University of Iowa officials are ready to begin planning a steam production plant on the west...
Saudi Arabia South Korea nuclear power cooperation deal memorandum of understanding

Saudi Arabia, S. Korea sign nuclear power deal

Saudi Arabia and South Korea signed a deal to build nuclear power plants in the Kingdom.

W.Va. gov signs bill letting lawmakers OK state carbon plan

Democratic Gov. Earl Ray Tomblin has signed a bill letting lawmakers approve state plans to m...
 Nuclear company Areva in turmoil after billions in losses

Nuclear company Areva in turmoil after billions in losses

Nuclear manufacturer Areva has announced a 4.8 billion euro loss for 2014, more than its enti...
 Electric utility Dominion flexes political muscles in Virginia

Electric utility Dominion flexes political muscles in Virginia

Virginia's 2015 legislative session was a good one for energy giant Dominion Resources Inc. (...
Callaway Energy Center's Replacement Reactor Vessel Closure Head Project

[Image Gallery] Callaway Energy Center Nuclear Power Upgrade Project

 DOE to help tribes advance onsite, renewable energy projects

DOE to help tribes advance onsite, renewable energy projects

DOE announced the third round of START Renewable Energy Project Development Assistance, which...

Power Engineering Current Issue

02/01/2015
Volume 119, Issue 2
1502PE-cover

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.

Archived Articles

2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015

Power Industry Wire News

ServiceMax Advances Delivery of Field Service With Partner Marketplace

ServiceMax Advances Delivery of Field Service With Partner Marketplace

NanoSteel Expands Material Capabilities for Additive Manufacturing

NanoSteel Expands Material Capabilities for Additive Manufacturing

Viking Provides Update on Status of First Well Within the Joffre, Alberta, Canada Project

Viking Provides Update on Status of First Well Within the Joffre, Alberta, Canada Project

Paula Reynolds Joins Siluria Technologies Board of Directors

Paula Reynolds Joins Siluria Technologies Board of Directors

Cummins Announces Two New Nominees for its Board of Directors

Cummins Announces Two New Nominees for its Board of Directors

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 >>