A new research study on the power transmission market in Europe and Latin America has been added to ResearchandMarkets' offering, titled Europe & Latin America Power Transmission Market Report 2019.

According to the study, new transmission projects in Europe and Latin America bring a huge opportunity for all the value chain players, while the modernization of old power transmission lines due to an increase in the share of renewable projects also brings new business channels for these players.

This report provides details about transmission networks in Europe & Latin America and gives an overview of the upcoming projects in the two continents until 2025, some of which include:

• $568 million investment by the European Union in electricity infrastructure and smart grid projects.
• $364 million investment in The Baltic electricity synchronization project which aims to connect the energy markets of the Baltic states with the Continental European Network.
• $102 million awarded by the European Union for ACON SG project which aims to improve grid connection between Slovakia and the Czech Republic through the installation of smart grid at their borders.
• $112 million loan by the European Investment Bank for the modernization of Finland's transmission network.
• $310 million investment by Ecuador's Corporacion Nacional de Electricidad (CNEL EP) in the development of the power transmission infrastructure in Ecuador.
• Investment of around $210.6 million by Chilean national power grid coordinator CEN for the expansion of its transmission network, comprising 47 projects.

The study is performed by region for each continent, evaluating each country and finding out the major opportunity centres in each region until 2025.

Source: ResearchandMarkets