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Study: New England to Spend Up to $26 Billion on Power Transmission by 2050

Study: New England to Spend Up to $26 Billion on Power Transmission by 2050

November 9, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--A study released recently by New England's grid operator, ISO New England (Holyoke, Massachusetts), suggests that the region could spend up to $26 billion on power transmission and distribution (T&D) projects by 2050, to allow for new forms of energy and meet increased power demand. ISO New England covers the states of Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont, which corresponds to Industrial Info's coverage of the New England market region.

Companies featured: Avangrid Incorporated (NYSE:AGR)