Fossil fuels remain the greatest source of electricity generation worldwide. In 2023, coal accounted for roughly **** percent of the global power mix, while natural gas followed with a ** percent share. China, India, and the United States accounted for the largest share of coal used for electricity generation. The future of renewable energy Fossil fuel use notwithstanding, the share of renewables in global electricity has seen a more pronounced year-on-year growth in recent years, following increased efforts by governments to combat global warming and a decrease in levelized costs. Projections indicate that renewables will surpass fossil fuels as the main power source by 2040. Electricity consumption in the world China is the largest electricity consumer in the world, requiring more than ***** terawatt-hours of electricity every year. However, this economic power accounts for the largest population in the world and its electricity consumption per capita is almost tenfold smaller than the consumption of Iceland, although the power used in this country came almost completely from clean sources.

Global primary energy consumption has increased dramatically in recent years and is projected to continue to increase until 2045. Only hydropower and renewable energy consumption are expected to increase between 2045 and 2050 and reach 30 percent of the global energy consumption. Energy consumption by country The distribution of energy consumption globally is disproportionately high among some countries. China, the United States, and India were by far the largest consumers of primary energy globally. On a per capita basis, it was Qatar, Singapore, the United Arab Emirates, and Iceland to have the highest per capita energy consumption. Renewable energy consumption Over the last two decades, renewable energy consumption has increased to reach over 90 exajoules in 2023. Among all countries globally, China had the largest installed renewable energy capacity as of that year, followed by the United States.

Throughout the past decade, the United States has been notably decreasing its use of coal, and increasing the use of natural gas and renewable energy sources for electricity generation. In 2024, natural gas was by far the largest source of electricity in the North American country, with a generation share of 43 percent. Renewable energy's share amounted to 24 percent that year.

Graph and download economic data for Sources of Revenue: Sales of Energy and Resources - Electricity Generation and Distribution for Electric Power Generation, Transmission and Distribution, All Establishments, Employer Firms (REVSEGEF2211ALLEST) from 2013 to 2022 about power transmission, distributive, employer firms, accounting, revenue, electricity, energy, establishments, sales, services, and USA.

Key factors driving market revenue growth are adoption of renewable energy sources, reduction of overall emission intensity, and decentralization of energy. In addition, lower energy costs, system-level capacity, operating reserves, and resilience distribution are other key factors

These appendices show the results of simulating time-series data in a distribution system under different configurations and system perturbations with participation of inverter-based technology (PVs). The obtained results after applying the proposed metrics and data-driven modelling approach are also presented in this document.

This table contains figures on the supply and consumption of energy broken down by sector and by energy commodity. The energy supply is equal to the indigenous production of energy plus the receipts minus the deliveries of energy plus the stock changes. Consumption of energy is equal to the sum of own use, distribution losses, final energy consumption, non-energy use and the total net energy transformation. For each sector, the supply of energy is equal to the consumption of energy.

For some energy commodities, the total of the observed domestic deliveries is not exactly equal to the sum of the observed domestic receipts. For these energy commodities, a statistical difference arises that can not be attributed to a sector.

The breakdown into sectors follows mainly the classification as is customary in international energy statistics. This classification is based on functions of various sectors in the energy system and for several break downs on the international Standard Industrial Classification (SIC). There are two main sectors: the energy sector (companies with main activity indigenous production or transformation of energy) and energy consumers (other companies, vehicles and dwellings). In addition to a breakdown by sector, there is also a breakdown by energy commodity, such as coal, various petroleum products, natural gas, renewable energy, electricity and heat and other energy commodities like non renewable waste.

The definitions used in this table are exactly in line with the definitions in the Energy Balance table; supply, transformation and consumption. That table does not contain a breakdown by sector (excluding final energy consumption), but it does provide information about imports, exports and bunkering and also provides more detail about the energy commodities.

Data available: From: 1990.

Status of the figures: Figures up to and including 2022 are definite. Figures for 2023 and 2024 are revised provisional.

Changes as of July 2025: Compiling figures on solar electricity took more time than scheduled. Consequently, not all StatLine tables on energy contain the most recent 2024 data on production for solar electricity. This table contains the outdated data from June 2025. The most recent figures are 5 percent higher for 2024 solar electricity production. These figures are in these two tables (in Dutch): - StatLine - Zonnestroom; vermogen en vermogensklasse, bedrijven en woningen, regio - StatLine - Hernieuwbare energie; zonnestroom, windenergie, RES-regio Next update is scheduled in November 2025. From that moment all figures will be fully consistent again. We apologize for the inconvenience.

Changes as of June 2025: Figures for 2024 have been updated.

Changes as of March 17th 2025: For all reporting years the underlying code for 'Total crudes, fossil fraction' and 'Total kerosene, fossiel fraction' is adjusted. Figures have not been changed.

Changes as of November 15th 2024: The structure of the table has been adjusted. The adjustment concerns the division into sectors, with the aluminum industry now being distinguished separately within the non-ferrous metal sector. This table has also been revised for 2015 to 2021 as a result of new methods that have also been applied for 2022 and 2023. This concerns the following components: final energy consumption of LPG, distribution of final energy consumption of motor gasoline, sector classification of gas oil/diesel within the services and transfer of energy consumption of the nuclear industry from industry to the energy sector. The natural gas consumption of the wood and wood products industry has also been improved so that it is more comparable over time. This concerns changes of a maximum of a few PJ.

Changes as of June 7th 2024: Revised provisional figures of 2023 have been added.

Changes as of April 26th of 2024 The energy balance has been revised for 2015 and later on a limited number of points. The most important is the following: 1. For solid biomass and municipal waste, the most recent data have been included. Furthermore data were affected by integration with figures for a new, yet to be published StatLine table on the supply of solid biomass. As a result, there are some changes in receipts of energy, deliveries of energy and indigenous production of biomass of a maximum of a few PJ. 2. In the case of natural gas, an improvement has been made in the processing of data for stored LNG, which causes a shift between stock changes, receipts of energy and deliveries of energy of a maximum of a few PJ.

Changes as of March 25th of 2024: The energy balance has been revised and restructured. This concerns mainly the following: 1. Different way of dealing with biofuels that have been mixed with fossil fuels 2. A breakdown of the natural gas balance of agriculture into greenhouse horticulture and other agriculture. 3. Final consumption of electricity in services

In 2023, coal accounted for **** percent of primary energy production in China. In the period of consideration, the share of energy generated from coal has decreased consistently, while the share of primary electricity has doubled.

The size of the North America Distributed Power Generation Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 7.00">> 7.00% during the forecast period. Distributed power generation refers to the production of electricity from small, modular energy sources located close to the point of use, rather than centralized power plants. These systems, known as Distributed Energy Resources (DERs), include solar panels, wind turbines, fuel cells, and combined heat and power (CHP) systems. Distributed generation reduces transmission and distribution losses, enhances grid reliability, and allows for greater integration of renewable energy sources. It also provides flexibility and resilience, as these systems can operate independently or in conjunction with the main power grid. By generating electricity locally, distributed power generation can lower greenhouse gas emissions and support energy security. Recent developments include: In October 2022, LONGi, a leading solar technology company, announced its plan to expand its presence in Canada. As part of the expansion, the company is introducing its flagship distributed solar module, the Hi-MO 5 54-cell module, to the Canadian residential and commercial sector., In May 2022, Hanwha Q Cells announced its plans to build a 1.4 GW solar panel factory in the United States. The company also plans to invest USD 320 million in the expansion plan, of which USD 170 million will be devoted to constructing a 1.4 GW factory in the United States.. Key drivers for this market are: 4., Declining Solar Panel Costs4.; Supportive Government Policies. Potential restraints include: 4., High Upfront Cost. Notable trends are: Solar PV Sector to Witness Significant Growth.

Electricity Transmission and Distribution Market Outlook

The electricity transmission and distribution market has witnessed significant growth, with the market size anticipated to escalate from a notable figure of USD 423.5 billion in 2023 to an impressive forecast of USD 580 billion by 2032, reflecting a compound annual growth rate (CAGR) of approximately 3.5%. This growth is propelled by the increasing global demand for electricity, driven by rapid urbanization, industrialization, and the transition towards cleaner energy sources. The integration of renewable energy sources into national grids is also a critical factor contributing to this market acceleration. As the world increasingly prioritizes sustainable development, the need for efficient transmission and distribution infrastructures becomes even more pronounced, creating a fertile ground for expansion in this sector.

One of the primary growth factors in the electricity transmission and distribution market is the global shift towards renewable energy. Countries worldwide are committing to reduce their carbon footprints, leading to substantial investments in renewable energy projects. This transition demands robust transmission and distribution networks to integrate and distribute renewable energy efficiently, necessitating upgrades and expansions of existing infrastructures. Moreover, government policies that favor clean energy and offer incentives for renewable projects further drive the market's growth. The increasing electrification of rural areas in developing countries also fuels demand for transmission and distribution networks, as governments aim to provide reliable electricity access to all citizens.

The advancement of technology is another significant growth driver, as modern technologies are being integrated into power grids to enhance efficiency and reliability. Smart grids, for instance, enable real-time monitoring and control of electricity flows, thereby reducing energy losses and improving the stability of supply. The adoption of advanced materials in the manufacturing of transmission and distribution equipment further contributes to market growth by enhancing the durability and efficiency of these infrastructures. Additionally, the rise of electric vehicles (EVs) is expected to increase electricity demand, which will in turn necessitate upgrades in transmission and distribution networks to manage the increased load efficiently.

Urbanization and industrialization trends across the globe are also pivotal in driving market expansion. As urban populations grow, so does electricity consumption, requiring more extensive and efficient distribution networks to meet demand. Industrial growth, particularly in emerging economies, further amplifies the need for reliable electricity supply, encouraging investments in transmission and distribution infrastructures. The modernization of aging infrastructure in developed regions also presents significant opportunities for market growth, as these upgrades are essential to meeting current and future electricity demands while maintaining grid reliability and security.

The concept of Electrified Transmission is gaining traction as a pivotal element in the modernization of electricity networks. As the world moves towards sustainable energy solutions, electrified transmission systems are being developed to efficiently handle the increasing influx of renewable energy sources. These systems are designed to optimize the flow of electricity, reducing losses and enhancing grid stability. By integrating advanced technologies such as high-voltage direct current (HVDC) and flexible alternating current transmission systems (FACTS), electrified transmission networks can accommodate diverse energy inputs and ensure reliable power delivery. This evolution is crucial for supporting the growing demand for electricity in urban and industrial areas, where energy consumption is rapidly increasing. The development of electrified transmission infrastructure not only supports the transition to clean energy but also plays a vital role in enhancing the resilience and efficiency of power grids worldwide.

Regionally, the Asia Pacific region is expected to dominate the electricity transmission and distribution market, driven by rapid industrialization and urbanization, especially in countries like China and India. North America and Europe are also significant markets, with substantial investments in renewable energy and smart grid technologies. The Middle East & Africa and Latin America, while currently smaller markets, are anticipated to ex

The size of the Europe Distributed Power Generation Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 8.50">> 8.50% during the forecast period. Distributed power generation refers to the production of electricity from small, modular energy sources located close to the point of use, rather than centralized power plants. These systems, known as Distributed Energy Resources (DERs), include solar panels, wind turbines, fuel cells, and combined heat and power (CHP) systems. Distributed generation reduces transmission and distribution losses, enhances grid reliability, and allows for greater integration of renewable energy sources. It also provides flexibility and resilience, as these systems can operate independently or in conjunction with the main power grid. By generating electricity locally, distributed power generation can lower greenhouse gas emissions and support energy security. Recent developments include: In October 2020, Amazon commenced the operation of the solar system on its largest European warehouse in Essex, United Kingdom. The roof is made up of 11,500 solar panels, which would be able to produce 2,700-megawatt-hours of electricity per year, enough to power 700 homes/year., In March 2020, EDP Energias do Brasil SA put into operation a 5-MW distributed generation (DG) solar PV power plant in Minas Gerais state. The plant consists of 19,000 solar panels, and it is expected to generate some 14,000 MWh per year, enough to meet the demand of 5,833 homes.. Key drivers for this market are: 4., Increasing Demand for Automobiles4.; Increasing Demand for Two-Wheeler Vehicles. Potential restraints include: 4., Rising Demand for Non-GHG Emitting Vehicles. Notable trends are: Solar PV Based Distributed Power Generation to Witness Significant Growth.

Oil accounted for the largest share of global final energy consumption in 2022, with a ** percent share. Overall, fossil fuel sources dominated global final energy consumption that year, with gas and coal making up another ** percent and ** percent, respectively.

Smart Grid Market Outlook

The global smart grid market size was valued at USD 46.1 billion in 2023 and is projected to reach USD 139.7 billion by 2032, growing at a compound annual growth rate (CAGR) of 13.2% from 2024 to 2032. This robust growth is primarily driven by the increasing demand for efficient energy management solutions, the need for grid modernization, and the integration of renewable energy sources. The advancement in internet of things (IoT) technology and increased governmental support for smart grid technology adoption also play critical roles in driving market expansion. The convergence of information technology with traditional power systems creates profound possibilities for optimizing energy distribution, consumption, and management, further fueling the market's growth trajectory.

One of the significant factors contributing to the growth of the smart grid market is the urgent need for more efficient energy distribution systems. With the global increase in energy demand, traditional grid infrastructures are becoming increasingly inadequate and inefficient. The smart grid offers a solution to these challenges by enabling the real-time monitoring and management of electricity distribution systems. This is particularly important for addressing issues such as energy loss during transmission, which is a major problem in conventional grids. Furthermore, the smart grid technology allows for better integration of renewable energy sources, which are becoming more critical as the world shifts towards more sustainable energy solutions. This integration helps in stabilizing the grid and provides a reliable supply of power, even with the intermittent nature of some renewable sources like wind and solar power.

The growth of smart grid technology is also supported by significant government initiatives and investments. Governments across the globe are actively investing in the development and deployment of smart grid infrastructure to enhance energy security and reduce carbon emissions. For instance, governments in North America and Europe have introduced several policies and standards aimed at encouraging smart grid adoption. These policies not only support the implementation of new technologies but also provide financial incentives for utility companies and consumers to upgrade their systems. Additionally, the smart grid market is further driven by technological advancements that have led to the development of more sophisticated and cost-effective solutions, making it feasible for widespread adoption.

Another key growth factor for the smart grid market is the increasing trend of urbanization and smart city initiatives. As urban populations grow, cities are facing immense pressure to enhance their energy management systems. Smart grids are integral to smart city projects as they provide the necessary infrastructure for efficient energy distribution and consumption management. The integration of smart grids in urban planning enables cities to reduce energy wastage significantly, improve the reliability of energy supply, and lower operational costs. Moreover, smart grids facilitate the deployment of advanced metering infrastructure, which allows utilities to collect and analyze data in real time, leading to better demand management, reduced operational costs, and improved customer service.

Smart Grid Networking plays a crucial role in the efficient operation of modern energy systems. It involves the use of advanced communication technologies to enable real-time data exchange between various components of the grid, such as sensors, meters, and control systems. This networking capability allows for enhanced monitoring and management of electricity distribution, leading to improved grid reliability and efficiency. By facilitating seamless communication, smart grid networking supports the integration of renewable energy sources and distributed energy resources, which are essential for achieving sustainability goals. Additionally, it enables utilities to implement demand response programs and optimize energy flows, reducing operational costs and enhancing customer service. As the demand for smarter and more resilient energy systems grows, smart grid networking will continue to be a key driver of innovation and development in the smart grid market.

Regionally, North America is currently the leading market for smart grid technology, supported by substantial investments and a favorable regulatory environment. The United States, in particular, has been at the forefront of smart grid deployment, with initiatives aimed at upg

Power Distribution Market Outlook

The global power distribution market has witnessed significant growth, boasting a market size of approximately USD 190 billion in 2023 and is projected to reach around USD 290 billion by 2032, with a compound annual growth rate (CAGR) of 4.8%. This robust growth is driven by the escalating demand for electricity worldwide, accelerated urbanization, and significant investments in upgrading and expanding the existing power distribution infrastructure. Furthermore, the transition towards renewable energy sources and the integration of smart grid technologies are catalyzing market expansion, ensuring efficient and sustainable power distribution solutions.

A major growth factor propelling the power distribution market is the increasing demand for electricity due to rapid urbanization and industrialization, especially in developing countries. As more people move towards cities, there is a heightened need for reliable electrical infrastructure to support residential, commercial, and industrial activities. Moreover, the global push towards renewable energy integration is necessitating significant upgrades in existing power distribution systems to accommodate new energy sources, which is further fueling market expansion. Government and private sector investments in infrastructure development are also playing a critical role in driving market growth, as are favorable policies promoting energy efficiency and sustainability.

The integration of smart grid technologies presents another significant growth avenue for the power distribution market. Smart grids, which utilize digital communication technology to detect and react to local changes in usage, facilitate more efficient energy distribution and help in reducing transmission losses. This technological advancement is not only enhancing the performance and reliability of power distribution networks but also encouraging innovations such as distributed energy resources and real-time monitoring solutions. The growing emphasis on smart city initiatives worldwide is further boosting the demand for smart grid technologies in power distribution systems, paving the way for future growth opportunities.

Environmental regulations and the drive to reduce carbon emissions are also crucial factors contributing to the market growth. Governments across the globe are implementing stringent environmental policies to minimize the environmental impact of power generation and distribution. This involves upgrading aging infrastructure and integrating cleaner technologies, which is fostering demand within the power distribution market. Additionally, the rising concerns over energy security and the need for uninterrupted power supply are leading to advancements in power distribution technologies, ensuring resilience against outages and promoting sustainable growth.

Regionally, the Asia Pacific is poised as a significant market for power distribution systems due to its rapid economic expansion and industrialization. Countries like China and India are investing heavily in expanding their energy infrastructure to meet rising electricity demand, which is expected to drive substantial growth in this region. North America and Europe are also experiencing notable market growth, driven by advancements in smart grid technologies and the integration of renewable energy sources. Meanwhile, regions such as Latin America and the Middle East & Africa are focusing on infrastructure development and modernization, representing emerging opportunities for power distribution expansion.

Component Analysis

The power distribution market is segmented by components, including transformers, switchgear, power cables, and others, each playing a pivotal role in the distribution network. Transformers are crucial for stepping up and stepping down voltage levels to ensure efficient power transmission over long distances. With the increasing demand for electricity and the expansion of distribution networks, the demand for transformers, particularly energy-efficient and technologically advanced ones, is on the rise. The focus on reducing transmission losses and enhancing grid reliability is leading to the widespread adoption of modern transformer technologies, bolstering market growth within this segment.

Switchgear, another critical component, is essential for controlling, protecting, and isolating electrical equipment within the power distribution network. The market for switchgear is driven by the need for reliable and safe distribution systems that minimize the risk of electrical faults and accidents. Advances in technology have led to the

Description All of Hydro‑Québec’s data on the breakdown of the sources of electricity generated in Québec according to their real or estimated power in megawatts (MW). The data is updated hourly and corresponds to the output of both Hydro‑Québec’s generating stations and those of other electricity suppliers that have an electricity supply contract with Hydro‑Québec.

          Visit the Québec hydropower: clean, renewable and low in GHG emissions page for an example of how this dataset is used.
          For historical data, consult the History of sources of electricity generated in Québec page.
          Québec electricity demand dashboard from the Chair in Energy Sector Management at HEC Montréal.









        Useful information for interpreting the data
        Electricity generation data is sent hourly, on the half hour, that is, at 8:30 a.m., 9:30 a.m., etc. However, there is always a certain delay:

          Data related to thermal sources is sent 360 minutes later.
          Data related to hydropower, wind and solar power, other renewables and all sources is sent 90 minutes later.






        Energy sources
        Hydroelectricity: Sum of the remotely measured output from all of Hydro‑Québec’s generating stations and the generating stations of other electricity suppliers that have a supply contract with Hydro‑Québec.
        Wind power: Sum of the remotely measured output from facilities belonging to independent power producers from whom Hydro‑Québec purchases all output.
        Solar power: Sum of the remotely measured output from Hydro‑Québec’s solar farms.
        Other renewables: Sum of the estimated output from facilities belonging to independent power producers using different sources (biomass, biogas or hydropower), from whom Hydro‑Québec can purchase some or all of the output.
        Thermal power: The remotely measured output from Bécancour thermal generating station.





        Description of labels
        The files can contain text data (e.g., Montréal), numerical data (e.g., 2021‑05‑21) or geometric data (e.g., 46°48'44"). They are organized based on specific labels, which correspond to categories. The labels and their descriptions are provided below. 

          date (numerical): date and time the measurement was taken
          total (numerical): total output in megawatts (MW)
          hydraulique (numerical): hydroelectric output in megawatts (MW)
          eolien (numerical): wind output in megawatts (MW)
          autres (numerical): output in megawatts (MW) from facilities belonging to independent power producers using different renewable sources
          solaire (numerical): solar output in megawatts (MW)
          thermique (numerical) : thermal output in megawatts (MW)






        Additional information
          Temporal coverage: Daily
          Initial distribution: 2021-05-01
          Notices and conditions of use: The information provided represents raw data, comes without a guarantee of quality and is subject to change without notice.

The weekly statistics Electricity balance — generation and distribution of electrical energy in Switzerland provides information on the production, import/export and consumption of electricity in Switzerland on Wednesday on a weekly basis. During production, hydrological production (running and storage plants), generation of nuclear power plants as well as mixed heat and other production are distinguished. The consumption of the storage pumps is indicated. The weekly electricity balance is collected in the context of electricity statistics, which is part of Switzerland’s public statistics (legal basis: BStatG).

The global data center power distribution system market size was valued at USD 17.0 billion in 2025 and is projected to grow at a CAGR of 8.4% from 2025 to 2033, reaching USD 32.9 billion by 2033. The increasing demand for data centers due to the growing adoption of cloud computing and big data analytics is a major factor driving the market growth. Data center power distribution systems are critical for ensuring the reliable and efficient operation of data centers, as they provide power to the IT equipment and other infrastructure that support data center operations. Key market trends include the growing adoption of distributed power distribution architectures, the increasing use of renewable energy sources in data centers, and the development of intelligent power distribution systems. Distributed power distribution architectures offer greater flexibility and scalability than centralized architectures, and they can help to improve the efficiency of power distribution in data centers. Renewable energy sources, such as solar and wind power, are becoming increasingly popular as data centers look to reduce their environmental impact and operating costs. Intelligent power distribution systems can monitor and control power usage in real time, which can help to improve efficiency and reduce costs. Description: This comprehensive report provides an in-depth analysis of the global data center power distribution system market, valued at $350 million in 2023 and projected to reach $590 million by 2030, exhibiting a CAGR of 7.8% during the forecast period. It explores industry dynamics, trends, key drivers, challenges, and growth opportunities, offering valuable insights for stakeholders in the power distribution landscape.

This file describes the data and code for "(Mis)allocation of Renewable Energy Sources" by Stefan Lamp and Mario Samano.

Electric Power Transmission and Distribution Equipment Market Outlook

According to our latest research, the global electric power transmission and distribution equipment market size reached USD 205.7 billion in 2024, marking robust expansion driven by rapid urbanization, infrastructure modernization, and the accelerating adoption of renewable energy sources. The market is projected to expand at a CAGR of 6.2% during the forecast period, with the total market size expected to reach USD 349.4 billion by 2033. Key growth factors include increasing electricity demand, grid modernization initiatives, and government investments in smart grid technologies, all of which are reshaping the competitive landscape and fueling the need for advanced transmission and distribution (T&D) equipment globally.

One of the primary growth drivers for the electric power transmission and distribution equipment market is the escalating global demand for electricity, fueled by population growth, urbanization, and rapid industrialization. Emerging economies, particularly in Asia Pacific and Africa, are witnessing significant increases in electricity consumption as urban centers expand and rural electrification initiatives gain momentum. This surge in demand necessitates extensive upgrades and expansions of existing T&D infrastructure, including the deployment of new transformers, switchgear, and transmission lines to ensure reliable power delivery. Furthermore, the proliferation of energy-intensive industries and the integration of digital technologies into everyday life are placing additional stress on power grids, compelling utilities and governments to invest in robust and efficient T&D equipment to minimize losses and enhance grid stability.

Another significant factor propelling market growth is the widespread adoption of renewable energy sources, such as solar and wind, which require advanced transmission and distribution solutions to integrate variable and decentralized power generation into national grids. As countries strive to meet ambitious decarbonization targets and reduce their reliance on fossil fuels, the need for flexible, reliable, and resilient grid infrastructure has never been greater. The shift towards distributed generation and the rise of prosumers are driving investments in smart grid technologies, digital substations, and automation solutions that facilitate real-time monitoring, predictive maintenance, and seamless integration of renewable energy. These trends are accelerating the replacement of aging infrastructure and spurring demand for next-generation T&D equipment across all voltage levels.

Government policies and regulatory frameworks also play a pivotal role in shaping the electric power transmission and distribution equipment market. Many countries are implementing stringent standards to improve energy efficiency, reduce transmission losses, and enhance grid reliability. Incentives and funding for grid modernization projects, coupled with mandates for renewable energy integration and the deployment of advanced metering infrastructure, are creating a favorable environment for market growth. Moreover, public-private partnerships and international collaborations are fostering innovation and facilitating the deployment of cutting-edge technologies in both developed and emerging markets. These policy-driven initiatives are expected to continue driving investments and technological advancements in the T&D equipment sector over the forecast period.

From a regional perspective, Asia Pacific stands out as the largest and fastest-growing market for electric power transmission and distribution equipment, accounting for a substantial share of global revenue in 2024. The region’s growth is underpinned by massive infrastructure development projects, rapid urbanization, and ambitious renewable energy targets in countries such as China, India, and Southeast Asian nations. North America and Europe are also witnessing steady growth, driven by ongoing grid modernization efforts, the transition to clean energy, and the replacement of aging infrastructure. Meanwhile, Latin America and the Middle East & Africa are poised for significant expansion as governments prioritize electrification and invest in resilient grid systems to support economic development and population growth.

REVISED 1/2/2019. SEE UPDATE LINK BELOW. This database contains unit cost information for different components that may be used to integrate distributed photovotaic D-PV systems onto distribution systems. Some of these upgrades and costs may also apply to integration of other distributed energy resources DER. Which components are required and how many of each is system-specific and should be determined by analyzing the effects of distributed PV at a given penetration level on the circuit of interest in combination with engineering assessments on the efficacy of different solutions to increase the ability of the circuit to host additional PV as desired. The current state of the distribution system should always be considered in these types of analysis. The data in this database was collected from a variety of utilities PV developers technology vendors and published research reports. Where possible we have included information on the source of each data point and relevant notes. In some cases where data provided is sensitive or proprietary we were not able to specify the source but provide other information that may be useful to the user e.g. year location where equipment was installed. NREL has carefully reviewed these sources prior to inclusion in thismore » database. Additional information about the database data sources and assumptions is included in the Unit_cost_database_guide.doc file included in this submission. This guide provides important information on what costs are included in each entry. Please refer to this guide before using the unit cost database for any purpose.« less