“Modernize” is a very slight word when considering what would have to be done to the electrical system to get it anywhere near the unicorn spec of leftist dreams.
40 years of efficiency gains have been eaten up in a few years by people charging their EVs, the capacity is pegged.
No, what we need is more power plants built that are coal and NG fired and NO MORE solar and wind.
I suspect his claim that most of the current grid was built in the 50s and 60s is False[Fake].
Back some 40 years ago when I started in the business the industry operated on a vertically integrated business model. Each regional electric utility had responsibility for all aspects of providing service to customers; Generation, Transmission and local distribution. All planning for future load growth was the sole responsibility of the utility. Woe betide the company that had service or reliability issues due to poor planning. You’d get your ass hauled up before the state regulatory commission to explain why. And your chances of getting what you asked for in your next rate case diminished considerably.
I never think that was a bad business model and I think it could work again. Yep