AEW29-The $100 Billion Question How much will the 765-kV STEP Plan cost Texas ratepayers - American Energy Works

Molly Vogt engages in a critical discussion with Dr. Brent Bennett, Policy Director for the Texas Public Policy Foundation, about the newly approved 765KV Strategic Transmission Expansion Plan. This episode delves into the staggering potential costs, estimated at nearly $100 billion, and their implications for all Texas ratepayers. As new lines are set to stretch across 70,000 acres of private property, the pressing question looms: what will this mean for your electric bill? Dr. Bennett reveals how these lines are designed not to generate new energy but merely to transmit existing power, raising alarms about the wisdom of spending vast sums on infrastructure that won’t add reliability. Through their conversation, they explore the sentiments of landowners impacted by this decision and discuss historic parallels, including the earlier CREZ transmission system. With the looming specter of rising costs, Molly and Dr. Bennett dissect whether the state's energy strategy is on the right track, especially in light of lessons from Winter Storm Yuri. Is it time to pivot towards building generation close to demand instead of doubling down on transmission? This episode challenges listeners to rethink Texas's energy future as the state grapples with balancing sustainable development and economic realities. Join the discussion about the significant decisions set to shape the landscape of Texas energy for generations to come.

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