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Trinidad and Tobago Overhead Power Transmission Line Industry Analysis
Current Scenario:
Trinidad and Tobago has a relatively small electricity sector with limited transmission infrastructure. Currently, the country relies heavily on natural gas to generate electricity, but there are plans to increase the share of renewable energy sources in the electricity mix. The transmission network is owned and operated by the state-owned utility, Trinidad and Tobago Electricity Commission (T&TEC).
Construction of New Projects:
In recent years, there have been efforts to upgrade and expand the transmission infrastructure in Trinidad and Tobago. In 2019, T&TEC completed the USD 14 million upgrade of the Tobago transmission network, which included the installation of new transmission lines and equipment. T&TEC has also identified the need for a new 138 kV transmission line to connect the Point Lisas power plant to the national grid.
Major Drivers:
The major driver for the development of the transmission infrastructure in Trinidad and Tobago is the need to improve the reliability and resilience of the electricity grid. The country has experienced several blackouts in recent years, which have had a significant impact on the economy. The upgrade and expansion of the transmission network will also support the integration of renewable energy sources into the electricity mix.
Industry Outlook:
The outlook for the Overhead Electric Power Transmission Lines industry in Trinidad and Tobago is positive, with several projects in the pipeline. T&TEC has planned a USD 3.6 million upgrade of the transmission system in Trinidad, which includes the installation of new transmission lines and equipment. The government has also set a target of 10% renewable energy in the electricity mix by 2021, which will require the expansion of the transmission infrastructure to support the integration of renewable energy sources.
Overall, the transmission infrastructure in Trinidad and Tobago is relatively underdeveloped, but there are plans to upgrade and expand the network to improve the reliability and resilience of the electricity grid and support the integration of renewable energy sources. The industry outlook is positive, with several projects in the pipeline, and the government's target of increasing the share of renewable energy in the electricity mix will provide further opportunities for the development of the transmission infrastructure.
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