NYT / U.S. Has Billions for Wind & Solar Projects. Good Luck Plugging Them In .....................
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excerpts :
<<<<< PJM Interconnection, which operates the nation’s largest regional grid, stretching from Illinois to New Jersey, has been so inundated by connection requests that last year it announced a freeze on new applications until 2026, so that it can work through a backlog of thousands of proposals, mostly for renewable energy.
It now takes roughly four years, on average, for developers to get approval, double the time it took a decade ago.
And when companies finally get their projects reviewed, they often face another hurdle: the local grid is at capacity, and they are required to spend much more than they planned for new transmission lines and other upgrades.
Many give up. >>>>>
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<<<<< Delays can upend the business models of renewable energy developers. As time ticks by, rising materials costs can erode a project’s viability. Options to buy land expire. Potential customers lose interest. >>>>>
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