Utility investment in grid modernization: H2 2023
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Report summary
An increasing number of utilities are investing in the modernization of their distribution grids. This report analyzes utilities’ grid modernization strategies, initiatives, investment plans, deployed technologies and drivers. In this H2 release, Wood Mackenzie expands the H1 report's scope from 25 to 50 major investor-owned utilities in 30 states, serving 38% of the United States' electric customers. The report provides insights into how the US grid is evolving and how state policies and regulations can change the direction and speed of this multi-billion dollar investment.
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