The Electricity Transmission industry is responsible for carrying electricity from power stations to the low-voltage distribution network, which delivers the electricity to end users. The industry is a natural monopoly, with no realistic way of introducing competition. Therefore, the industry is highly regulated in a way that is meant to produce outcomes in line with those that would be available in a competitive market. Industry revenue is expected to reach £4.4 billion in 2015-16, an increase of 3% on the previous year.
This industry operates a network of high-voltage wires that carry electricity over long distances. The electricity transmission system connects electricity generators to the low-voltage distribution network that carries electricity to end users.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.