U.S. T&D Developers Line Up $3.8 Billion in Project Kickoffs

September 12, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--As concerns grow across the U.S. about sufficient power-generation capacity to meet rising demand, the transmission and distribution (T&D) segment is facing its own challenges, particularly in replacing outdated equipment and structures.

Industrial Info is tracking more than $3.8 billion worth of U.S.-based T&D projects that are set to begin construction in the fourth quarter, with more than half of the spending set for fast-growing areas of the Southwestern and Great Lakes regions. Companies involved include American Electric Power Company Incorporated (NASDAQ:AEP), Xcel Energy Incorporated (NASDAQ:XEL), Entergy Corporation (NYSE:ETR), Austin Energy, Eversource Energy (NYSE:ES) and National Grid plc.