Con Edison commits $250 Million to post-Sandy upgrades
The New York utility recently announced that they are committing in the short term to earmark $250 million specifically on measures that can help protect critical equipment from flood damage. These measures would include raising electrical relay houses in substations, and installing stronger barriers and flood pumps. Putting major overhead power lines underground is also a consideration and will be examined in greater detail.
A recent Con-Ed news release stated: “While our commitment today would represent an initial infusion of preventive measures, we expect that even greater investments will be needed as regional discussions evolve over the coming months and years.”
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British Columbia Accelerates Clean Energy Shift
VANCOUVER - In a significant move towards a clean energy transition, British Columbia has announced a substantial $36-billion investment to enlarge and upgrade its electricity grid over the next ten years. The announcement last Tuesday from BC Hydro indicates a substantial 50 percent increase from its prior capital plan. A major portion of this investment is directed towards new consumer connections and improving current infrastructure, including substations, transmission lines, and hydro dams for more efficient power generation.
The catalyst behind this major investment is the escalating demand for clean energy across residential, commercial, and industrial sectors in British Columbia. Projections show…
