Joe Biden’s Energy Policies Are Based on Fantasies and Fairy Tales
10 hours ago
By Emily Arthun
In March, PJM Interconnections, a regional electricity transmission organization (RTO) serving the greater Mid-Atlantic region, released its annual load forecast report outlining forecasted electricity demand for its service area. The report indicates PJM expects demand in their service area to increase as much as 40% over the next 15 years.
PJM manages the transmission of wholesale electricity across 13 states and the District of Columbia – including major data center hotspots such as Virginia and Ohio.
Meanwhile, a neighboring RTO, the Mid-Continent Independent System Operator (MISO) painted an even gloomier picture in its recent “Reliability Imperative Report.” MISO manages electric transmission across 15 states throughout most of the Midwest, Mississippi Valley, and Great Plains regions as well as the Province of Manitoba in Canada.
In their report, MISO forecasts a demand increase of 60 GW, or 32%, by 2042. At the same time, MISO expects much of their current baseload capacity to retire. And despite new renewable generation planned for construction, MISO expects to see a net capacity decline of 32 GW (@18%).
https://wattsupwiththat.com/2024/06/28/joe-bidens-energy-policies-are-based-on-fantasies-and-fairy-tales/
