Electricity TRANSMISSION – THE BAIT & SWITCH
Instead, these high voltage transmission lines are desired because (1) there is a
12.7% or higher guaranteed rate of return for investors in these facilities (creating an incentive to
overbuild); and (2) to move more coal-fired electrical generation to the lucrative eastern markets.
the proponents of the
“TrAIL” line admitted that, if the proposed 500 kV line was built, an additional 2,700 MW of
coal-fired generation (equivalent to 4-5 new plants) could occur upwind of Pennsylvania. And,
in those proceedings, it was also revealed that two new (fully-permitted) gas-fired generators
closer to the demand would not be built.