As power companies race to meet surging electricity demand, utilities are increasingly prioritizing near-term infrastructure development over the risk of future federal climate regulations. At the same time, long-term planning still reflects uncertainty around potential policy shifts, particularly as changing political dynamics could reshape the regulatory landscape.
“For power companies, the risk of future greenhouse gas regulation is not one of their primary concerns right now,” Bracewell’s Jeff Holmstead told E&E News.
“They mostly focused on permitting and building enough new generation and transmission to meet the sharp increase in demand that has taken everyone by surprise.”
