Lewes, DE -- (SBWire) -- 06/12/2015 --China Will Lead Global Power Transmission Line Additions to 2020
The global electric power transmission network is set to expand from 5.5 million Circuit kilometers (Ckm) of high-voltage transmission lines in 2014 to 6.8 million Ckm by 2020, representing a Compound Annual Growth Rate (CAGR) of 3%, according to new report.
The company's latest report states that of the top 10 countries forecast to have the highest transmission line additions between 2014 and 2020, China will account for the largest share, with 48%. India and Brazil will follow, with 21.6% and 4.9% shares, respectively.
The key reasons behind increasing transmission line lengths include a rising electrification ratio, the need for new electricity infrastructure and power generation capacity growth.
According to Senior Analyst covering Power, China will increase its transmission lines from almost 1.150 million Ckm to 1.594 million Ckm over the forecast period, at a CAGR of 6%. This will be driven primarily by the country's effort to connect supply and demand centers, which are spread across different regions.
Senior Analyst says: "China's power generation capacity is expected to increase by 51% between 2014 and 2020, from 1,371 Gigawatts (GW) to 2,073 GW.
"The country will add 299 GW of thermal, 145 GW of hydro and 125 GW of wind power capacity during the period. The increase in power capacity will also contribute to future transmission line additions."
During the 2009–2014 period, China's electricity losses from Transmission and Distribution (T&D) totaled 6%, according to Publisher.
Senior Analyst continues: "Due to its energy resources being located far from the southern and eastern load centers, and as a logical choice for keeping T&D losses low over long distances, the country decided to invest in ultra-high voltage transmission, with construction due for completion this year."
However, the analyst adds that connectivity is a major obstacle for T&D projects in China and the grid is fragmented into six regional clusters.
"The country is therefore looking to develop wide-ranging, cross-regional interconnections and is moving towards a nationwide, interconnected grid system," Tanikella concludes.
Global Transmission and Distribution Report - Infrastructure, Upcoming Projects, Investments, Key Operators and Analysis to 2020 report provides analysis of the global transmission and distribution market, covering the key countries of China, India, Germany, UK, the US, Brazil, Saudi Arabia and South Africa, with annualized market data from 2014 and forecast to 2020.
This report was built using data and information sourced from proprietary databases, primary and secondary research, and in-house analysis conducted by Publisher's team of industry experts.
For further information on this report, please visit- http://www.marketresearchreports.com/globaldata/global-transmission-and-distribution-report-infrastructure-upcoming-projects-investments
Find all Electricity Transmission and Smart Grids Reports at:
http://www.marketresearchreports.com/electricity-transmission-smart-grids
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