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"Renewable-Rich States Push Feds to End Electricity Grid Logjam"

"A $2.5 billion, 550-mile power line designed to transport 4,500 megawatts of wind-generated clean electricity from rural New Mexico to cities like Los Angeles, Phoenix, and Las Vegas hungry for zero-carbon energy seemed ahead of its time.

And it was, by nearly two decades.

Line developer David Getts has been waiting more than 16 years and four presidential administrations to see his company’s SunZia project cross the finish line. He’s now planning a service date of 2025.

“Putting that much money at risk in one project is kind of crazy,” Getts, general manager of SouthWestern Power Group, told a crowd of several hundred energy lawyers and regulators gathered in Washington last month. “Very few companies in the United States will ever do that again, and I can tell you my company won’t.”"

Daniel Moore reports for Bloomberg Environment June 15, 2022.

Source: Bloomberg Environment, 06/16/2022