North American Electric Transmission Investments Could Top $160 Billion Between 2012 and 2020
Going into 2012, ITC Holdings plans more than $24.1 billion in transmission investments, including more than 8,686 miles of new and upgraded lines, according to analytics by The C Three Group, LLC and the North American Electric Transmission Project Database. Xcel Energy, Clean Line Energy Partners, American Electric Power, and Western Area Power Administration round out the top-five companies with a combined total of more than $31.9 billion of planned transmission investments through 2020.
Other highlights of The C Three North American Electric Transmission Project Database show that Texas still comfortably leads all states with more than 9,175 miles of new lines planned through 2020. The C Three Group also found that the U.S. and Canada has nearly 4,000 substation projects planned over the next eight years with American Electric Power topping all utilities with 268 new projects.
The C Three Group continuously tracks the status of early stage, advanced development, and under-construction electric transmission projects in its North American Electric Transmission Project Database. C Three's electric power industry experts developed the database for long-range forecasting, strategic planning and business development.
Since December 1, 2011, The C Three Group has added more than $2.7 billion
and 1,408 miles of new and upgrade transmission line and substation
projects to the database.
The C Three Group will be releasing its Quarterly Transmission Project Forecast at the beginning of 2012, a report provided only to C Three's clients and subscribers. This forecast is based on as-reported information, forming the base case for more in-depth market analysis. C Three's Quarterly Transmission Project Forecast provides a detailed market analysis segmented by owner, by voltage, by state, by in-service date, and by cost, with a comprehensive data set from 2008 through 2025.
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