U.S. T&D Buildouts Hit $2.4 Billion in Second Quarter
Attachment: US T&D 2Q23
March 30, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. transmission & distribution (T&D) sector is changing along with the rest of the energy landscape, as power providers rush to update and add capacity in response to population shifts and the adoption of new energy resources.
Industrial Info is tracking about $2.4 billion worth of active U.S. T&D projects that are set to kick off in the second quarter, about two-thirds of which Industrial Info's researchers believe have a medium-to-high likelihood (70% or more) of beginning as planned. One of the most ambitious T&D projects in the southern U.S., the Southline Transmission Project in Arizona and New Mexico, is preparing to begin construction after nearly a decade of Byzantine legal hurdles and regulations.
Companies featured: Grid United, Black Forest Partners LP and Portland General Electric Company (NYSE:POR).
