Electric Power Transmission in Texas
Over the past five years, the Electric Power Transmission industry in Texas has experienced ups and downs as a result of fluctuating trends in electric power consumption and prices. As rates increased and consumption rebounded, revenue grew over these years. Since then, as consumption has continued to grow, prices have fallen leading to decreased revenue during the latter half of the five-year period to 2017. Over the next five years, the Texas economy is expected to grow significantly, with GDP growing an annualized 3.1% during the period, far outpacing the nation as a whole. As general business and economic activity picks up, demand for electricity is forecast to increase.
This industry transmits and distributes electricity from power generators to distribution centers, other electric utilities and final consumers. The transmission system includes lines and transformer stations, while the distribution system consists of lines, poles, meters and wiring that deliver the electricity to final consumers. This industry does not generate electricity.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.