The region’s electricity infrastructure is due for a major upgrade, power companies reported this week, with projects that combined could cost in the billions of dollars.
That’s one takeaway from a Star Tribune report on a new report titled “CapX2050 Transmission Vision” released by major electric utilities such as Xcel Energy Inc. (NYSE: XEL), Great River Energy and others. The CapX2050 plan doesn’t put a price tag on its recommendations, but these sorts of projects can easily cost billions, the…