The last two paragraphs are the key to how quickly new lines will be replaced by powerlines using ACCC.
"The new U.S. energy bill, signed by President Bush on Aug. 8, is evidence of this, he and others say. The bill will make reliability rules mandatory, strengthen the power of Federal Energy Regulation Commission to oversee and regulate, create incentives for investment, and give government more say in establishing new power sites, despite local resistance.
Yet regardless of better technology and increased generation, there will always be a delicate balance between supply and demand and the prospect of blackout, say analysts. "It's the hurricane Katrina problem," says Peter Doren, who analyzes the electric industry for the Cato Institute. "There are an infinite number of projects where we could exhaust the gross national product to make sure we are protected from any and all disaster. At some point, the cost to the consumer will rein in what can and is done."
When transmission companies realize they can deliver almost twice the amount of electricity without investing in new support structures by using ACCC and still keep the rates for electricity about the same with more of that being profit. . . then CPTC will become the industry standard. I hope the PT companies figure this out soon.
Dennis
