After Investing Billions, Is Illinois Grid Modernization Paying Off For Utilities And Customers?

Illinois has invested billions in electricity grid infrastructure, and now ranks 2nd nationally on grid modernization, but are these bulky efforts actually paying off nearly six years into the state’s initiative? State utilities have markedly improved reliability and operational efficiency through innovative smart grid technologies, but Illinois’ ambitious goal of adding more than 4 gigawatts (GW) of new wind and solar requires more than a modern grid - it requires more flexibility from customers.Fortunately, realistic policy solutions are within reach. By removing market barriers to expand “real-time” power pricing options and maximize the benefits of smart meter investments, Illinois citizens could save billions and create a flexible grid capable of handling a massive expected influx of renewable energy by 2030.