After years of neglect, high-voltage transmission systems all over the world are getting much-needed attention. Driven by policy initiatives and a renewed industry focus, significant capital investments are being made to expand and extend transmission grids. Thousands of miles of new transmission lines are being built and existing systems are being retrofitted to add new capacity and greater monitoring capabilities.
Many different forces are driving these developments. In some countries, burgeoning populations and thriving economies are creating increases in electricity demand. Even where demand is relatively flat, renewable energy and the smart grid have created the need for increased transmission capacity and the increased use of phasor measurement units (PMUs), Wide Area Monitoring Systems, and transmission automation. In North America, Europe, and many other regions, cross-border transmission projects are being developed to relieve power shortages and to feed competitive electricity markets. In all of these areas, technological advancements such as High Voltage Direct Current (HVDC) and high-temperature superconductors are increasingly being utilized for specialized transmission applications.
This Pike Research report analyzes the global transmission market and provides forecasts for transmission expenditures in each region through 2020. The report also includes market segmentation information by transmission technology category for the United States, China, and Europe. Pike Research’s analysis of the U.S. market examines regulatory issues, federal transmission planning, and cost allocation approaches. The report includes profiles of key industry players and utility and merchant transmission project business models.
Key questions addressed:
- What market forces are driving the current increase in transmission infrastructure investments?
- What are the key public policy issues that are impacting transmission projects and how will the U.S. regulatory environment change in the future?
- Which emerging technologies will have the greatest impact on transmission applications?
- Who are the key industry players in the transmission industry and what business models are they using to develop transmission projects?
- How large is the global transmission market opportunity and which regions will invest the most in transmission expansion?
Who needs this report?
- Transmission equipment and services vendors
- Transmission project developers
- Electric utilities
- Transmission planners
- Government agencies
- Investment community
- Industry associations
Table of Contents
1. Executive Summary
2. Market Issues
2.1 Introduction and Background
2.2 Market Structure
2.2.1 Investor-Owned Utilities and Transcos
2.2.2 Merchant Transmission
2.2.3 Independent System Operators and Regional Transmission Operators
2.2.4 Regulation
2.2.5 Public Policy Trends
2.3 Market Drivers
2.3.1 Reliability/Capacity Enhancements
2.3.2 Renewable Portfolio Standards
2.3.3 Economic Projects
2.3.4 Replacement of Old Infrastructure
2.4 Market Barriers
2.4.1 Siting
2.4.2 Cost Allocation
2.5 Global Transmission Markets
3. Technology Issues
3.1 Transmission Technologies
3.2 Extra High-Voltage and Ultra High-Voltage
3.3 High-Voltage Direct Current
3.4 High-Temperature Superconductors
3.5 Power Electronics
3.5.1 Voltage-Source Converter
3.5.2 Flexible Alternating Current Transmission Systems
3.6 Fault Current Limiters
3.7 Phasor Measurement Units
3.8 Carbon Nanotubes and Beyond
4. Key Industry Players
4.1 U.S. Transmission Industry
4.2 Investor-Owned Utilities and Transmission Companies
4.2.1 American Electric Power
4.2.2 American Transmission Corporation
4.2.3 ITC Holdings Corp.
4.2.4 National Grid USA
4.2.5 Southern California Edison
4.2.6 Xcel Energy
4.3 Merchant Transmission Developers
4.3.1 Anbaric Holdings
4.3.2 TransCanada
4.3.3 Tres Amigas
4.4 Transmission Infrastructure Vendors
4.4.1 ABB Group
4.4.2 American Superconductor
4.4.3 AREVA
4.4.4 LS Cable
4.4.5 Siemens
4.4.6 Southwire/ULTERA
4.5 Engineering Services Firms
4.5.1 Black & Veatch
4.5.2 Burns & McDonnell
4.6 ISO/RTOs and Associations
4.6.1 California Independent System Operator
4.6.2 Edison Electric Institute
4.6.3 Electric Power Research Institute
4.6.4 Electric Reliability Council of Texas
4.6.5 ISO/RTO Council
4.6.6 Midwest Independent System Operator
4.6.7 PJM Interconnection
4.6.8 Working Group for Investment in Reliable & Economic Electric Systems
5. Market Forecasts
5.1 Worldwide Transmission Markets
5.2 North America
5.2.1 United States
5.3 Latin America
5.4 Europe
5.5 East Asia-Pacific
5.6 South Asia
5.7 Central Asia
5.8 Middle East/Africa
6. Company Directory
7. Acronym and Abbreviation List
8. Table of Contents
9. Table of Charts and Figures
10. Scope of Study, Sources and Methodology, Notes
List of Charts and Figures
- Transmission Market Value by Region, World Markets: 2010-2020
- Transmission Market Value by Region, World Markets: 2010-2020
- Transmission Market Value by Country, North America: 2010-2020
- Transmission Market Value by Segment, United States: 2010-2020
- Transmission Market Segments, United States: 2010-2020
- Transmission Market Value by Country, Latin America: 2010-2020
- Transmission Market Value by Segment, Europe: 2010-2020
- Transmission Market Segments, Europe: 2010-2020
- Transmission Market Value by Country, East Asia-Pacific: 2010-2020
- Transmission Market Value by Segment, China: 2010-2020
- Transmission Market Segments, China: 2010-2020
- Transmission Market Value, South Asia: 2010-2020
- Transmission Market Value, Central Asia: 2010-2020
- Transmission Market Value, Africa/Middle East: 2010-2020
- U.S. Grid Interconnections and Power Pools
- Right-of-Way Benefits of EHV Transmission
- High-Temperature Superconducting Cables
List of Tables
- Transmission Market Growth Rates by Region, World Markets: 2010-2020
- Evolution of U.S. Transmission Policy
- Recent Transmission-Focused Policies
- Summary of Cost Allocation Methods
- Transmission Market Growth Rates by Region, World Markets: 2010-2020
- Transmission Market Value by Region, World Markets: 2010-2020
- Transmission Market Value by Country, North America: 2010-2020
- Transmission Market Value by Segment, United States: 2010-2020
- Transmission Market Value by Country, Latin America: 2010-2020
- Transmission Market Value by Segment, Europe: 2010-2020
- Transmission Market Value by Country, East Asia-Pacific: 2010-2020
- Transmission Market Value by Segment, China: 2010-2020
- Transmission Market Value, South Asia: 2010-2020
- Transmission Market Value, Central Asia: 2010-2020
- Transmission Market Value, Middle East/Africa: 2010-2020
