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 Locations Chapter
Industry revenue is distributed according to population and 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 service a large number of customers more easily.
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 43.0% of industry revenue... purchase to read more