US report urges power, gas infrastructure updates

By Argus Media. 

he US will need to invest billions of dollars in its aging electric and natural gas infrastructure because of significant changes in how and where energy is being produced and consumed, President Barack Obama's administration said in a major energy report.

The Quadrennial Energy Review, released today, found the US power sector is at a "strategic inflection point" because of shifts in the generating fuel mix, increased vulnerability to extreme weather and growth in new technologies. The report expects efforts to cut CO2 emissions would likely accelerate those changes and drive investment in new transmission infrastructure.