Electrification of the U.S. creates a huge challenge for the aging grid. Upgrading the grid isn’t just a question of investing more money. Resistance from states and localities may cause delays and cost overruns. Despite tens of billions of U.S. dollars earmarked for grid modernization, the United States continues to face challenges in making sweeping investments in upgrading electricity systems and making them more resilient to extreme weather. As heat waves and winter storms continue to test the reliability of the U.S. power grid, the modernization actions and investments are constrained by the shared federal and state jurisdiction over the systems, regulatory issues, and politics. By some estimates, America would need $360 billion invested in transmission through 2030 and $2.4 trillion by 2050 in a “high electrification” scenario. Yet, it’s not only a matter of money, many analysts and industry consultants say. That’s because the U.S. currently lacks a […]