Overview

Power surge: The industry will continue benefiting from renewable energy growth

IBISWorld’s industry research report on Electric Power Transmission in Illinois contains five-year forecasts and data analysis that can help you identify and mitigate risks in potential new markets. Position yourself as an expert with internal stakeholders by using our comprehensive industry research to inform your reports, proposals and presentations. Our business information will save you money by helping you make better decisions, faster.

REPORT SNAPSHOT

Industry Threats & Opportunities

  • The manufacturing GDP of Illinois is expected to increase, helping to bolster electric power demand
  • As industry operators in Illinois have become increasingly efficient at generating and transmitting electricity, the need for employment has decreased
  • Industrial electricity consumption is anticipated to grow, as factories reopen or expand their operational footprints

  • shopping_cartBUY NOW TO READ MORE

    Industry Analysis & Industry Trends

    Over the five years to 2017, fluctuating rates and capricious consumption have caused the Electric Power Transmission industry in Illinois to stagnate. During the early half of the period, The Illinois Commerce Commission increased rates, driving revenue upward. Yet, since 2015, price growth has been insufficient in keeping up with inflation and greater energy efficiency has slowed overall power use. Over the five years to 2022, the manufacturing GDP of Illinois is expected to increase, helping to bolster electric power demand. Additionally, Illinois's renewable portfolio standards will provide rate increases for renewable energy transmission investments. In total, over the next five years, retail electricity sales are projected to increase...

    shopping_cartBUY NOW TO READ MORE

    Industry Report - Industry Products Chapter

    The Electric Power Transmission industry in Illinois provides electricity distribution, transmission and wholesale services. Utilities transmit and distribute electricity generated from a variety of fuel sources, such as coal, natural gas and nuclear power. Currently, transmitted electricity is separated into two categories, base load and intermittent electricity. Base load electricity, which is generated from reliable fuel sources, provides electricity during all hours of the day. Intermittent electricity, typically less reliable than base load electricity, is generated from renewable sources, such as solar and wind power.

    Base load electricity

    Base load electricity is generated from coal, natural gas, nuclear energy, petroleum and hydropower. Bas..

    shopping_cartBUY NOW TO READ MORE

    Additional Insights for the Electric Power Transmission in Illinois Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Electric Power Transmission in Illinois Industry are

  • Ability to pass on cost increases
  • Ensuring pricing policy is appropriate
  • Ability to negotiate successfully with regulator
  • IBISWorld analysts also discuss how external factors such as Electric power consumption and Housing starts in Illinois in the Electric Power Transmission in Illinois industry impact industry performance..

    shopping_cartBUY NOW TO READ MORE

    Look under the hood?

    Download a FREE sample report

    Industry Products

    What is the Electric Power Transmission in Illinois Industry?

    This industry transmits and distributes electricity from power generators to distribution centers, other electric utilities and final consumers. The transmission system includes lines and transformer stations, while the distribution system consists of lines, poles, meters and wiring that deliver the electricity to final consumers. This industry does not generate electricity.

    Industry Products
    Coal
    Nuclear
    Hydroelectric
    Wind
    Natural Gas
    Other Renewable
    Industry Activities
    Electric bulk power transmission and control
    Electric power distribution
    Wholesale electricity brokering and marketing

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Electric power consumption
  • Housing starts in Illinois
  • Manufacturing GDP for Illinois
  • Number of Businesses in Illinois

  • Current Performance
  • Technology bolsters profitability
  • Clean technologies, new opportunities
  • Chart: Revenue Growth

  • Industry Outlook
  • Regulatory and policy shift toward renewables
  • Transmission technology reduces costs
  • Table: Electric Power Transmission in Illinois Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Electric Power Transmission in Illinois Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Manufacturing
  • Wholesale Trade
  • Consumers

  • Key Selling Industries
  • Coal & Natural Gas Power
  • Heavy Infrastructure Construction
  • Hydroelectric Power
  • Nuclear Power
  • Solar Power
  • Transmission Line Construction
  • Wind Power

  • Products & Services
  • Nuclear
  • Coal
  • Natural Gas
  • Wind
  • Other Renewable
  • Other
  • Hydroelectric
  • Chart: Electric Power Transmission in Illinois Industry Products and Services Segmentation

  • Major Markets
  • Residential
  • Commercial
  • Industrial
  • Transportation
  • Chart: Major Market Segmentation for the Electric Power Transmission in Illinois Industry

  • Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Depreciation
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Electric Power Transmission in Illinois

  • Basis of Competition
    External competitionInternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Electric Power Transmission in Illinois Industry

  • Major Companies
    Exelon CorporationAmeren CorporationBerkshire Hathaway Inc.
  • Table: Exelon Corporation - financial performance
  • Table: Ameren Corporation - financial performance
  • Table: Berkshire Hathaway Inc. - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Electric Power Transmission in Illinois Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Electric Power Transmission in Illinois Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Electric power consumption (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Circuit Mile
  • The total length in miles of separate circuits regardless of the number of conductors used per circuit.
  • Distribution
  • The transportation of electricity along low-voltage wires, typically to end users.
  • Kilowatt Hour (Kwh)
  • The billing unit for energy delivered by electric power transmission utilities. It represents one kilowatt of power expended for one hour of time.
  • Peak Hours
  • Several hours each day when electricity consumption and prices are the highest.
  • Public Utility Commission (Puc)
  • A governing body that regulates the rates and services of a public utility.
  • Smart Grid
  • The use of two-way digital technology to allow suppliers to control customer appliances in order to save energy and reduce costs.
  • Transmission
  • The transportation of electricity along high-voltage wires.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Electric Power Transmission in Illinois:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Electric Power Transmission in Illinois market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Electric Power Transmission in Illinois, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    Join IBISWorld today

    Contact Us

    Want to speak to a representative? Call us.

    clear