C Three: North American Electric Transmission Investments Could Top $160 Billion Between 2012 and 2020

ATLANTA, Dec. 20, 2011 /PRNewswire/ -- Going into 2012, ITC Holdings plans more than $24.1 billion in transmission investments, including more than 8,686 miles of new and upgraded lines, according to analytics by The C Three Group, LLC and the North American Electric Transmission Project Database. Xcel Energy, Clean Line Energy Partners, American Electric Power, and Western Area Power Administration round out the top-five companies with a combined total of more than $31.9 billion of planned transmission investments through 2020.

Other highlights of The C Three North American Electric Transmission Project Database show that Texas still comfortably leads all states with more than 9,175 miles of new lines planned through 2020. The C Three Group also found that the U.S. and Canada has nearly 4,000 substation projects planned over the next eight years with American Electric Power topping all utilities with 268 new projects. 

The C Three Group continuously tracks the status of early stage, advanced development, and under-construction electric transmission projects in its North American Electric Transmission Project Database. C Three's electric power industry experts developed the database for long-range forecasting, strategic planning and business development.

Since December 1, 2011, The C Three Group has added more than $2.7 billion and 1,408 miles of new and upgrade transmission line and substation projects to the database.  "Our team exhaustively combs through more than 300 data sources annually to provide our users with the most up-to-date, comprehensive electric transmission project information source available.  More than 150 companies and organizations depend on our analysis and timely updates as input into their strategic planning and business development functions," said Jean Reaves Rollins, founder of The C Three Group.

The C Three Group will be releasing its Quarterly Transmission Project Forecast at the beginning of 2012, a report provided only to C Three's clients and subscribers. This forecast is based on as-reported information, forming the base case for more in-depth market analysis.  C Three's Quarterly Transmission Project Forecast provides a detailed market analysis segmented by owner, by voltage, by state, by in-service date, and by cost, with a comprehensive data set from 2008 through 2025.

"The C Three team understands that our clients leverage our information to make big decisions.  That's why we're in there on a daily basis extracting value from a sea of industry data," said Ms. Rollins.

The C Three Group, LLC is a private company based in Atlanta.  The company was founded in 1998 to provide strategic planning, merger and acquisition, and market development support to the energy utility industry. The North American Electric Transmission Project Database — one of C Three's four core industry databases — contains more than 12,000 transmission line and substation projects tracked from early development through completion. The database includes more than 40 recordable fields such as In-Service Date, Location, Utility, Contractors, and State/Federal Approvals, and C Three's newly released interactive mapping feature captures all major projects. 

This news release contains forward-looking statements by the use of, and/or, any variations of the words, "anticipate", "estimate", and "expect" while also pertaining to similar forward-looking expressions. The C Three Group uses public factual information in which information is recorded and is not altered based on opinion. These statements are presented to the best of The C Three Group's knowledge with subject to economical, geographical, or regulatory uncertainties. Any variation from the above assumptions will result if varying results and The C Three Group cannot be held accountable. The C Three Group herein relinquishes its obligation to publically update any forward-looking statements unless otherwise required.

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SOURCE The C Three Group