The growth of data centers and artificial intelligence will put further strain on the transmission system.
Meanwhile, the frequency and severity of power outages are increasing, in part due to extreme weather, according to the Congressional Joint Economic Committee.
The energy department estimates that outages cost American businesses $150 billion per year. Additionally, a lack of transmission capacity to deliver the lowest-cost generation, known as grid congestion, costs consumers an estimated $20.8 billion in 2022.