US Utility Industry May Need Up To $2T By 2030

Law360, New York (November 12, 2008, 12:00 AM EST) -- The nation's utility industry will need to invest as much as $2 trillion before 2030 to continue current levels of service amid increasing energy demands and expected federal climate policy, a study has found.

The Edison Foundation, a nonprofit organization that studies electricity, released a report Monday that it had commissioned to calculate how much investment would be required to maintain electric service in the U.S. between 2010 and 2030.

The study took into account the money that could be saved through energy efficiency programs, while...
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