Utility Dive•17 days ago
Before we build more gas pipelines, we need better data
Key Takeaway
Prioritizing data collection and analysis can significantly improve the efficiency and cost-effectiveness of energy infrastructure development, benefiting developers and large consumers by reducing project risks and costs.
AI Summary
- •Energy infrastructure development, including gas pipelines, is a multi-year, multi-billion dollar undertaking requiring significant political capital.
- •The article advocates that investing in better data collection and analysis is a fraction of the cost of infrastructure and can lead to more efficient and cost-effective planning.
- •Poor data leads to misallocation of capital and resources, resulting in suboptimal infrastructure decisions that impact developers and large power consumers.
- •The implicit call is for policy and regulatory shifts to prioritize data-driven decision-making in infrastructure planning to avoid costly mistakes and delays.
Topics
financinginterconnectpolicytransmission