Clean Energy
Expertise
Projects
Invenergy Services
Partners
Who We Are
News & Insights
May 07, 2025
power lines
Polsky on Fox Business News: Electricity is Key for the American Economy
by Invenergy
Invenergy's Founder and CEO Michael Polsky today spoke with Fox Business News’ Maria Bartiromo about the largest transmission line in the U.S. – Grain Belt Express – and its $1.7 billion award to major U.S. companies Quanta Services and Kiewit. The announcement marks meaningful advancement towards Grain Belt Express' construction in 2026. Once built, Grain Belt Express will unleash all forms of American energy and deliver cost savings for American consumers.
You can read excerpts from Polsky’s conversation with Bartiromo below or watch the full interview on Fox Business’ website.
On Grain Belt Express, Polsky said: This is the largest electricity infrastructure project right now in the United States. We will be unleashing American energy. We will be lowering the costs. We will be creating energy independence.
Polsky continued: Grain Belt Express is really what is needed in the United States. Without electricity, we cannot do AI or increase domestic production. Electricity is the key now for the economy.
When asked about the $1.7 billion investment in energizing America, Polsky said: It's a huge investment that will create 22,000 jobs along the way between transmission and generation.
On the need for interregional transmission to prevent an electricity emergency, Polsky said: What the President said in his Executive Order is this is an energy emergency, an electricity emergency. And we need electricity now, and we need domestic sources to reduce costs. So, Grain Belt Express exactly fulfills President Trump’s ambition of energy independence.
Polsky concluded: Interregional transmission is the highway system for the electrons for electricity to move from where it's produced to where it's needed to power AI for data centers and industries. It’s much-needed electricity in this country to really unleash American energy, domestic energy to be able to power our businesses, particularly with the with manufacturing and AI emphasis here now in the United States.
Grain Belt Express — America’s largest interregional transmission line that’s private-sector led and market-driven— will deliver:
- $52 billion in energy cost savings for American consumers
- Grid reliability for regions serving 25% of defense infrastructure facilities and 40% of American households
- $25 billion in total American energy infrastructure investments
- A domestic manufacturing renaissance
- 5,000 megawatts of any American-made energy source
The project is the critical infrastructure needed to achieve America’s energy future. Read more about the project here: Strengthening America - Grain Belt Express.
Expertise
Projects
Invenergy Services
News & Insights
© 2023 Invenergy