Canada’s transmission network consists of more than 160,000 kilometres of high voltage lines. Transmission lines and related equipment carry the bulk supply of electricity in Canada’s electrical system. The desire to integrate more renewable power into the grid, build a smarter grid, and export more power are providing the rationale for action. The need for investment in the country’s transmission capacity is eminent. Older transmission lines are in poor condition and need to be replaced by new lines; new transmission lines need to alleviate congestion, improve system reliability, and move cleaner energy from renewable sources to cities. Power and transmission grids will be a good market for the next five to ten years.
There is an anticipated retirement rate of 20% of energy production facilities by 2020 and the Conference Board of Canada estimates that Canada will require $294 billion in electricity investment by 2030. Best prospects for this sector include:
• Conductors and conductor stringing
• Shield wire, conductor wires, neutral wires and insulators
• Steel towers
• Construction equipment such as cranes
• Transformers/converter station equipment: breakers, converter valves, reactors, filter and related supporting equipment