The energy industry not only powers our homes and businesses but the economy too. Given its critical role in the country’s infrastructure, our hugely-experienced Kiplinger Letter team will keep you abreast of the latest developments and forecasts coming in this sector (Get a free issue of The Kiplinger Letter or subscribe). You will get all the latest news first by subscribing, but we will publish many of the forecasts a few days afterward online. Here’s the latest…
One pandemic-era shortage that has not yet abated: Transformers, which are a crucial component of the electric grid that transfers power from one circuit to another. The shortage has been a headache for many sectors of the economy, resulting in delays for everything from new transmission infrastructure to new homes. One utility estimates the supply won’t normalize for at least two years and that the shortage could stretch out three years in a worst-case scenario.
