Industry Analysis & Industry Trends
The Electric Power Transmission industry stagnated over the past five years due to lower per capita energy consumption and weak price growth. Additionally, in the commercial sector, many businesses closed, dragging down demand for power. However, the adoption of smart grid technology has bolstered grid reliability and lowered operating costs, resulting in improved profit margins. In the five years to 2019, businesses and factories will resume operations and bolster electricity consumption. Electricity prices are also anticipated to grow as some utilities receive permission to set competitive retail rates, which will benefit revenue... purchase to read more
Industry Report - Industry Locations Chapter
Industry revenue is distributed according to population; households, businesses and manufacturers, the primary drivers of electricity demand, are concentrated in high population regions. However, regions with high population concentration typically have a relatively smaller share of industry establishments, as each establishment can more easily service a large number of customers.
The Southeast and Great Lakes regions together contain about 40.0% of the US population and many electricity-intensive industries such as steel and motor vehicle production. Consequently, the two regions generate about 43% of industry revenue... purchase to read more