Here’s another grim reminder that doing nothing to fix the United States’s power grid will be a lot more expensive in the long run than spending hundreds of billions of dollars to bring it up to 21st-century technological standards.
This one comes from the American Society of Civil Engineers, which on Thursday released its latest “Failure to Act” report on the country’s deteriorating infrastructure, this one focused on the power-delivery system.
In simple terms, ASCE’s report finds a gap of $107 billion dollars between today’s trends on grid investment and what the country needs to invest between now and 2020.
