Investment in high voltage transmission systems to exceed $250 billion

Sponsored by

Cumulative investment in high-voltage transmission systems will surpass $250 billion from 2014 to 2023, according to a report from Navigant Research.

The dramatic expansion of HVTSs occurring today in Asia Pacific, Latin America, the Middle East, and Africa recalls the initial wave of electrification and transmission system growth that was seen during the 20th century in North America and Europe.

In particular, the electrification of rural areas and the interconnection of formerly standalone utilities are fueling demand for longer transmission lines.

“The HVTS market will see tremendous capital investment over the next 10 years, as the infrastructure that was installed in the post-World War II era ages out, coal and nuclear generation is retired, and new utility scale renewable wind and solar generation is installed in remote areas,” says James McCray, senior research analyst with Navigant Research. “As these technologies become more powerful and smarter, the associated IT systems used to manage complicated HVTS deployments now leverage digital wireless sensors in every new piece of equipment, enabling better visibility on the performance, health, and capacity of the transmission system at every point along the way.”

The HVTS vendor landscape is also changing, according to the report, as the focus shifts to rebuilding and extending transmission lines to utility-scale wind and solar in remote regions and deploying mega-scale HVTS infrastructure across China, India, and parts of Africa.

These efforts will create markets over the next decade, and companies like General Electric, with its joint venture agreement with China XD Group and its merger proposal with Alstom, are looking to expand their product manufacturing, sales, and delivery capabilities in all regions.

Sponsored by
Most Popular Articles

CURRENT MAGAZINE ISSUE

June 2015
Volume 19, Issue 6
cover

Utility Products Topics

Transmission & Distribution
                       Vehicles & Accessories
Tools & Supplies   Safety
Line Construction & Maintenance   Test & Measurement

WEBCASTS

How to deploy mobile forms + devices to speed up field service processes & reporting

Overcoming the pain points associated with any process is much simpler and more cost effective than you think. This webinar will detail the benefits of switching to mobile forms for field data collection and reporting.
 
We'll examine real use cases and ROI of integrating mobile forms within a given field service process, including for work orders, inspections, checklists and proposals.
 
A quick AT&T Mobile Forms demo will reveal the feature rich, user-friendly nature of the solution. You'll see why it’s a must-deploy to speed up data collection, eliminate invoicing/data entry lags and auto-generate/deliver insightful reports.

UTILITY PRODUCTS BUYERS' GUIDE

POWER INDUSTRY JOBS

Industry Company Pages

Keep up-to-date with the latest news and articles from some of the prominent utility product companies and resources.

BUYER'S GUIDE PRODUCTS

Everlast pole tags

Everlast pole tags for distribution poles have been used all over the world in this great earth's worst environment's proving it is the longest lasting product to use on pole's!

Everlast Substation signs

Everlast safety signs and Everlast Substation signs meet all ANSI and OSHA requirements and continue to be readable for the life of the substation. When most signs fail ours shine.

Swage Bus Accessories

Swage Bus Accessories use a compression technology process called "swaging" that enables installation of aluminum bus accessories without the need of a welder.