6/ Bottom line: The U.S. electric grid is a strategic asset that should be continuously strengthened and modernized through sustained investment. Read more from @Edison_Electric here: https://t.co/Cgm9Tqv3CX
1/ “The grid is the backbone of nearly all U.S. economic activity and public services. It is essentially national security,” writes @Edison_Electric in a new report. 🧵
News: New Analysis Highlights the Electric Grid’s Essential Role in Supporting the U.S. Economy and National Security
A new analysis conducted by Concentric Energy Advisors shows that the U.S. electric grid is a high-value national asset that supports the economy and national security by delivering the reliable power customers depend on every day. The report concludes that continued investment in a modern, interconnected grid—and thoughtful integration of large-load customers—will be essential to protecting those benefits as electricity demand grows.
America’s electric companies are projected to invest $239 billion this year to make the grid smarter, stronger, and more reliable. These investments help ensure the grid can continue to power the energy of every day, while keeping electricity as affordable as possible for all customers.
Key findings and data from the analysis include:
•Thoughtful integration shapes future costs: Concentric found that if large-load customers do not pay their share of fixed grid costs, the resulting nationwide cost shift to other customers could total between $120 billion and $169 billion over 30 years.
•Grid investments save money now and in the future: Every dollar invested in transmission infrastructure saves customers $1.60-$1.80 in future system costs.
•Off-grid solutions require substantially more capacity: To ensure reliability on their own, off-grid customers must build substantially more on-site generation and storage—often 70 percent or more above peak demand—than would be required if they were connected to the grid.
"The electric grid is one of the country’s most valuable assets and economic engines. As electricity demand grows, we must continue investing in the grid to ensure it continues to deliver those benefits for customers, communities, and businesses across the country." — Drew Maloney, President and CEO of the Edison Electric Institute
Press play to see how electric companies are strengthening the grid.
5/ China is already modernizing its electric grid to increase its resilience and capacity. Since 2021, China added more generation capacity than the United States has added in its entire history.
To understand what's going on in Iran, I highly recommend two recent episodes of the @NatSecMatters w/@michaelallenJMA:
First, @RichardMNephew breaks down the current state of negotiations and the (high) likelihood of a bad deal: https://t.co/HzHhlJaZOH
In discussing the MOU with Iran, we started with what has supposedly has been agreed to and what courses of US action remain on the table. This is a moving target!
Even with a deal in place, we should expect this regime to revert to form, funneling resources to proxies across the region. Sanctions relief cannot mean walking away. The credible threat of military force has to remain on the table. Watch here:
I joined Fox News Live to discuss the emerging Iran framework. The reported terms suggest a shift from compelling Iran through the threat of force to inducing them with sanctions relief in exchange for handing over their highly enriched uranium. 🧵
Thanks for joining me on @NatSecMatters@alanmendoza. Great discussion on the political firestorm around PM Starmer, Farage's momentum, and what it all means for the U.S.-U.K. special relationship.
https://t.co/UydnTvYXSw
Think a quick raid can solve the nuclear crisis in Iran?
@michaelallenJMA joins FOX News' @AlexHoganTV on the FOX News Rundown to detail the massive, dangerous reality of trying to secure and extract nuclear material from deep within hostile territory.
Is time actually on America's side in a conflict with Iran?
Former White House insider @michaelallenJMA joins @AlexHoganTV on the FOX News Rundown to explain why the economic pain of a shipping blockade might backfire on democratic nations far sooner than it stops an authoritarian regime.
Get the full episode: https://t.co/dWAK2Vat1h