Tuesday, April 2, 2013

USA:

A Failing Grade for Energy Infrastructure Hurts U.S. Competitiveness (Yahoo! Finance)


The nation got a wake-up call recently when the American Society of Civil Engineers (ASCE) released its Report Card for America's infrastructure. Listed among the failing grades for roads, bridges and ports, was a grim evaluation of our energy infrastructure.

Giving it a grade of D+, the Report Card detailed the need for investment throughout the nation’s electricity system, but focused primarily on the aging electric grid. The nation’s power grid, which consists of a system of interconnected power plants, transmission and distribution facilities, some of which date back to the 1880s, is in dire need of repair.

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