IHS EER has profiled 33 proposals and initiatives for a combined US$75 billion in potential investment that represent the key lines under development intended to unlock renewable energy. This total identified pipeline of high-voltage transmission projects represents a potential investment of approximately US$139 billion, with these initiatives at varying stages of development. Key trends in this Market Brief include: Nearly every transmission project identified in the US pipeline would facilitate at least some renewable energy. Investment in high-voltage transmission lines can vary significantly, with most projects expected to add between US$10/MWh to US$30/MWh to the price of delivered power. Challenging siting and permitting requirements and concentrated coastal load have helped make underground and underwater transmission attractive.
IHS EER has profiled 33 proposals and initiatives for a combined US$75 billion in potential investment that represent the key lines under development intended to unlock renewable energy. This total identified pipeline of high-voltage transmission projects represents a potential investment of approximately US$139 billion, with these initiatives at varying stages of development. Key trends in this Market Brief include: