Premium Industrial NewsU.S. Utilities Accelerate Transmission, Distribution Spending as Demand Mounts
U.S. Utilities Accelerate Transmission, Distribution Spending as Demand Mounts
Industry Segment: Power | Word Count: 861 Words
Attachment: EIA-US T&D 1121, US T&D 1121
SUGAR LAND--November 24, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--Utilities across the U.S. have been struggling to keep up with rapid changes in power generation, as well as the means of delivering it to customers. Over the past decade, major utilities across the U.S. have spent more on transmission and distribution (T&D) than on actual power production, according to the U.S. Energy Information Administration (EIA), as costs rise for the fuel, labor and materials needed to expand and repair the nation's aging, often inadequate T&D system. Industrial Info is tracking about $7.5 billion worth of T&D projects under construction across the U.S., about 45% of which is attributed to projects in the West Coast and Northeastern regions.
Within this article: Details on T&D projects in some of the most high-demand areas of the U.S., including those from companies such as Southern California Edison Company, Edison International (NYSE:EIX), New York Power Authority and CenterPoint Energy Incorporated (NYSE:CNP).
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