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. However, the adoption of smart grid technology has bolstered grid reliability and lowered operating costs, resulting in improved profit margins. In the next five years, businesses and factories will expand operations and bolster electricity consumption. Additonally, PUCs are expected to grant rate increases for renewable energy transmission investments. As a result, revenue will grow and profitability will improve... purchase to read more
Industry Report - Industry Investment Chapter
The Electric Power Transmission industry is highly capital intensive, similar to the overall utilities sector. This is due to the high cost of transmission infrastructure, including poles, wires, cables, power transformers, substations and meters. In addition, utilities require various computer systems to operate and monitor the power grid. On the other hand, utilities also rely heavily on skilled labor from electricians and engineers, which results in relatively high wages. Nonetheless, capital investments have significantly outpaced wages over the past five years due to government incentives for infrastructure.
Public utility commissions typically grant higher rate increases to utilities that invest in infrastructure... purchase to read more