Endangered Electricity System

Is the author discussing Venezuela? Nope.
There is growing evidence that the transmission system is in urgent need of modernization. The system has become congested because growth in electricity demand and investment in new generation facilities have not been matched by investment in new transmission facilities. Transmission problems have been compounded by the incomplete transition to fair and efficient competitive wholesale electricity markets. Because the existing transmission system was not designed to meet present demand, daily transmission constraints or `bottlenecks’ increase electricity costs to consumers and increase the risk of blackouts. Unfortunately, these warnings have not been taken to heart by electricity grid policy makers. Our national electricity grid is dependent on unstable fuel sources and could leave the country vulnerable to supply interruptions. The recent collapse of the global marketplace has accelerated this trend. To effectively combat this escalating challenge, we should not attempt to revive the national grid of old, but rather rethink electricity generation in the form of microgrids that can continue providing electricity even through times of uncertainty

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About Caracas Gringo

Representing less than 0.00000000001515152% of the world population as of 31 December 2011.
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