Transmission Infrastructure Investments to Top $600 Billion Globally Over the Next 10 Years

Neglected on the back burner for years, high-voltage electricity transmission systems throughout the world are expected to see investments of more than $600 billion globally from 2010 to 2020, according to an analysis by market consulting and research firm Pike Research. The report notes a number of drivers at work here: population and economic growth, policy initiatives and a rejuvenated industry focus. The evidence? Thousands of miles of new transmission lines are being built and existing systems are being beefed up to add capacity and more monitoring capabilities.

Quick Take: Serious investment in transmission is critical if we're going to meet the growing demand and build the additional transmission capacity needed to accommodate renewable energy. Obviously, it's overdue.

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