Transmission and distribution (T&D) networks are fundamental to utilities’ operations. Most of these networks are 50 years or older, and many require an injection of both technology and finance to sustain the high levels of grid performance demanded by customers today. With renewables accounting for a growing share of the worldwide utility-scale generating mix, innovative T&D technologies are becoming more significant.
The global market for sophisticated T&D technology is enormous and rapidly expanding. The total market size and growth rate for each technology reflect the size and complexity of the electric grid in each region. The United Kingdom, for example, has a large regional market share in all technologies since it is actively investing in long-distance transmission infrastructure using high voltage direct current (HVDC) and other expensive technologies throughout its vast system. North America and Europe invest in distribution technology while developing regions like Latin America and the Middle East and Asia experience annual growth rates of more than 10 per cent. With such investments in the utility sector, the companies in this landscape will be vying towards utilizing technologies from transmission and distribution solutions providers to stand atop in the market and provide uninterrupted service to customers.
At this stage, a wide range of Transmission and Distribution Solutions Providers are entering the market with a suite of modern and integrated products. Utilities Tech Outlook Europe has created a list of the major firms in the area to assist companies in navigating the best-of-breed providers. This edition also includes thought leadership from subject-matter experts, real-life stories on building strong partnerships, and special insights from CIOs and CXOs. We believe that this edition will aid you in selecting the best Transmission and Distribution Solutions Providers based on your needs.
We present to you Utilities Tech Outlook Europe’s “Top 5 Transmission and Distribution Solutions Providers for Utilities in the UK – 2022.”
