Least Cost Often Costliest

Deck: 

What Seems Efficient May Be the Opposite

Fortnightly Magazine - June 2022
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A proposed transmission project would cost a billion dollars if it is built. If it is built.

This is a big if. The proponents of the project must maneuver their way past the formidable obstacles of siting and cost allocation. On these rocks, many such proposals founder.

According to Homer, the ancient Greek hero Odysseus did manage to navigate his ship past Scylla and Charybdis. Will the proponents of the billion-dollar project similarly succeed (confronting the two sea monsters that menace any proposal to construct transmission)? The odds are long indeed.

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