Electricity Transmission in the US Report

The electricity transmission sector in the US is set for very significant growth. The federal government has announced ambitious targets of achieving 100 per cent carbon-free electricity by 2035 and 30 GW of offshore wind energy by 2030. Expansion and modernisation of the nation's aging and integration of the regionally siloed electric transmission system will be critical to accommodate increasing levels of renewable energy. The federal government’s recent legislation and funding support to modernise electricity grids, reduce congestion, and fast-track permitting will help create the needed grid infrastructure. Utilities are also gearing up to meet the clean energy challenge by formulating plans to improve the system resilience, security, and hardening to withstand adverse weather.

This report will analyse the historical network growth and future network development and investment plans. It will provide an overview of the industry structure and discuss the policy and regulatory developments impacting grid investments, including offshore wind energy. The report will profile the leading transmission players, compare their financial performance and discuss their growth plans. It will also include a detailed and up-to-date database of upcoming transmission projects in the US.

The report will have five distinct sections.

Part 1 will be the executive summary of the report.

Part 2 will analyse the performance of the US’ electric transmission industry over the five years (2017-21) and present investment forecasts and expected network growth for 2022-26. It will assess the key policy and regulatory developments and trends shaping the sector. It will cover the following topics:

• Industry structure and key players
• Sector size and growth
• Policy and regulatory developments
• Network growth and investment outlook
• Focus on offshore wind transmission

Part 3 will cover detailed profiles of the top 30 transmission players and compare their network growth and financial performance.

Each TSO profile will profile include:

• Size and growth in the transmission network, 2017-21
• Key operational indicators, 2017-21
• Key financial indicators, 2017-21
• Future plans and investment, 2022-26
• Recent contracts

Part 4 will consist of a database of key upcoming transmission projects (~125 projects). This section will also analyse the project database in terms of voltage level, technology, type and status.

For each project, the following information will be provided:

• Description
• Developer(s)
• Route
• Rated voltage (kV)
• Technology (AC or DC)
• Type of project (new build, upgrade, expansion, extension)
• Line length (km)
• Substation capacity (MVA)
• Estimated cost
• Currentstatus(announced/under development/under contractor selection/under construction)
• Key contractors
• Scheduled completion
• Contact details

Part 5 will be the appendix and provide sources, methodology, and a list of abbreviations.

This report and database are indispensable for any organisation interested in the US transmission industry - utilities, system operators, equipment manufacturers and suppliers, EPC contractors, service and technology providers, investors/lenders, research organisations, industry consultants, regulatory agencies