With an integrated network of thousands of utilities and power plants, millions of miles of high-voltage transmission and distribution lines, as well as thousands of substations and switching yards, the North American power grid is considered the largest machine on earth. With that back drop it is easy to see that investment in the grid is paramount to keeping the lights on. The Edison Electric Institute projects that it’s 44 investor-owned electric utility members alone will spend more than $120bn on infrastructure when the final 2016 numbers are tabulated. Transmission and distribution account for 43% of that spend – power generation accounts for 35%. Investment in T&D and new generation is expected to continue at a torrid pace during the next several years.
Starting with this edition of “Projects in Progress” we intend to provide insight on what’s driving infrastructure development and where new opportunities exist. What are the challenges facing utilities and the thousands of service and manufacturing companies serving the industry?
Today grid investment is being driven by the need for new infrastructure, the build out of new gas, wind and solar generation projects and transmission and distribution enhancements. It is an exciting time and we’re here to bring the intelligence to you. I look forward to hearing from you anytime.
Projects in Progress
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