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Electricity deregulation puts pressure on the transmission network and increases its cost

In wake of the massive blackout in the Northeast, government officials and industry experts are calling for a massive upgrade of the transmission system that would cost between $50 billion and $100 billion. The annual carrying costs for such a capital outlay are certain to be in the range of $10 billion to $25 billion, depending on how much is spent and who builds the system.

IssuesEnergy