In this episode of the T&D World Live podcast, we speak with Larry Gasteiger, Executive Director of WIRES and President of Gasteiger Energy Consulting, about the evolving challenges and opportunities in the U.S. electric transmission sector. Gasteiger begins by sharing his unique path into the energy industry, starting as a lawyer and eventually spending two decades at FERC, where he held roles advising both Republican and Democratic chairs. Now leading WIRES, he focuses on advocating for federal transmission policy, working with regulators, policymakers, and industry stakeholders to promote investment and modernization of the grid.
A central theme of the episode is the increasing urgency for transmission expansion in light of growing electricity demand, particularly from AI technologies and data centers. Gasteiger reflects on insights shared by SPP CEO Lanny Nickell at a recent WIRES meeting, including the rising frequency of extreme weather events, the need for multi-state collaboration, and the importance of resilience planning. He highlights the economic benefits of transmission investment, noting SPP’s estimate that every $1 spent on new infrastructure could yield $8–$9 in benefits — an argument for viewing transmission as a long-term value generator, not just a cost.
He also discusses the latest ASCE Infrastructure Report Card, which downgraded U.S. energy infrastructure from a C– to a D+. Gasteiger agrees with the report’s assessment, emphasizing the need for sustained investment, improved policy alignment, and more consistent regulatory frameworks. He points out the difficulty of long-term planning in a political environment that shifts dramatically between administrations, which leads to uncertainty for utilities and potential underinvestment in critical infrastructure. While new technologies and grid-enhancing tools are promising, Gasteiger cautions they are not silver bullets and must be integrated alongside traditional infrastructure buildouts.
The conversation concludes with concerns over current FERC policies and regulatory delays that may hinder necessary transmission investment. He advocates for more clarity and stability in regulatory incentives and warns against policies that prioritize short-term affordability at the expense of long-term grid reliability. He underscores the importance of treating transmission as a nonpartisan issue and calls for continued industry collaboration to meet the moment. Despite the challenges, Gasteiger remains optimistic that the industry can rise to the occasion — with the right policies, partnerships, and proactive planning.
