Green bill: Renewable energy investment will improve industry revenue

The Electric Power Transmission industry stagnated over the past five years due to lower per capita energy consumption and weak price growth. As the economy grows, businesses and factories will expand operations and bolster electricity consumption. Over the next five years, retail electricity sales are projected to increase for all customer segments. As a result, over the five years to 2022, IBISWorld forecasts that revenue and profit will grow...read more.

Industry Statistics & Market Size
Revenue
$23bn
Annual Growth 12-17
-0.7%
Forecast Growth 17-22
Profit
Employment
26,526
Businesses
265
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Industry Threats & Opportunities

  • Electricity consumption has slowed due to low population growth and an economic shift toward less energy-intensive industries
  • Advanced metering technologies have gained popularity over the past five years
  • Economic growth will cause business activity to pick up over the next five years
  • Industry Report - Industry SWOT Analysis Chapter

    ***This section is not used for US State reports.***Only set Reasons & Level!...purchase to read more.

    Additional Insights for the Electric Power Transmission in New York Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Electric Power Transmission in New York 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 in New York and Number of Businesses in New York in the Electric Power Transmission in New York industry impact industry performance..

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    What is the Electric Power Transmission in New York 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
  • Natural gas-generated electricity
  • Nuclear-generated electricity
  • Wind-generated electricity
  • Hydroelectricity
  • Petroleum-generated electricity
  • Other renewable-generated electricity
  • Coal-generated electricity
  • Industry Activities
  • Electric bulk power transmission and control
  • Electric power distribution
  • Wholesale electricity brokering and marketing
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Electric Power Consumption in New York
  • Number of Businesses in New York
  • Housing Starts in New York
  • Manufacturing GDP for New York

  • 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 New York Industry Revenue Outlook

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

  • 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
  • Natural gas-generated electricity
  • Nuclear-generated electricity
  • Hydroelectricity
  • Wind-generated electricity
  • Other renewable-generated electricity
  • Coal-generated electricity
  • Petroleum-generated electricity
  • Other
  • Chart: Electric Power Transmission in New York Industry Products and Services Segmentation

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

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesDepreciationOther
  • Chart: Cost Structure Benchmarking – Sector vs Electric Power Transmission in New York

  • Basis of Competition
  • External competition
  • Internal competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Electric Power Transmission in New York Industry

  • Consolidated Edison Inc.National Grid PLCAvangrid Inc.Fortis Inc.
  • Table: Consolidated Edison Inc. - financial performance
  • Table: National Grid PLC - financial performance
  • Table: Avangrid Inc. - financial performance
  • Table: Fortis Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Electric Power Transmission in New York Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

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

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Electric Power Transmission in New York Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    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. 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’s Electric Power Transmission in New York Industry Research Report contains up-to-date data and analysis, allowing you to identify the strengths and potential weaknesses of major companies in the industry. Build your credibility with clients and prospects by sharing insights into the current and emerging trends driving their industry. Our market research gives you the tools to win new business and keep existing clients.

    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 New York:
    • 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 New York 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 New York, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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