As we pass the mid-year mark for 2020, the signs are increasingly clear that the need for significantly more investment in transmission infrastructure is on the rise. That message was driven home earlier this year in a WIRES-sponsored report by ScottMadden analyzing the nation’s growing transmission needs prompted by resilience challenges and renewables integration to meet ambitious clean energy goals. Since then, WIRES has actively participated in policy forums and filed comments in FERC proceedings involving ROE, transmission incentives, and decisions relating to transmission asset management, and in an International Trade Commission investigation, to provide a strong voice advocating for policies that promote investment in needed transmission. The upcoming WIRES Summer Meeting provides yet a further opportunity for key federal and state decision makers and industry leaders to explore ways to advance these goals. But time is of the essence, and clear, consistent, and impactful action at the federal and state level will be needed to promote and incentivize transmission investment needed to meet the future energy needs of customers and the nation.
— Larry Gasteiger