The federal government is investing in new technologies that will facilitate a large-scale infrastructure upgrade to the nation's electricity system to protect it from increasing vulnerability to extreme weather events.

The U.S. Department of Energy has announced that it is funding a $34M pilot program to develop a dozen advanced technologies designed to dramatically lower the cost of moving electric power lines underground.

The U.S. electric system has close to 6M miles of line, as well as an estimated 180M power poles. The entire system has exposure to the weather, which is the cause of most power outages.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor