What Can We Learn from US National Transmission Studies? Article No. 102339

Multiple US regions have announced new electricity transmission plans, are actively revisiting the future role of transmission, and could benefit from findings from recent national-scale transmission studies. A review of seven national studies shows that significant transmission expansion is cost-optimal for serving new demand, integrating additional resources, and supporting grid reliability. A majority of the reviewed scenarios, which span a range of policy and technology assumptions, include at least a doubling of the transmission system by 2050. The national studies find substantial net system cost savings from transmission expansion and high benefit-cost ratios for transmission investments. The results are derived through multi-value, nationally coordinated, co-optimized, multi-scenario modeling, which is an approach that could yield lower-cost pathways compared to current industry planning practices.