Well-planned transmission infrastructure is crucial to achieving least-cost decarbonization and ensuring increased grid resilience and reliability. Studies have shown that every $1 billion invested in large-scale transmission infrastructure creates $2-3 billion in customer benefits, about 7,000 construction jobs, and induces about 1,490 new related jobs.
CEBA supports comprehensive transmission expansion to unlock cost-efficient emissions reductions. Building out transmission infrastructure will enable markets to deploy and balance generation over large areas, which optimizes clean energy resources across diverse geographic regions.
In order to facilitate this buildout, CEBA members have developed Transmission Infrastructure Recommendations that integrate key energy customer priorities, including:
- Establishing an Investment Tax Credit (ITC) for new interregional transmission lines
- Building a high-voltage, interregional transmission macrogrid
- Revising the interregional planning and cost allocation process