There has been some fear that capital spending electrical utilities are dwindling. Those keeping a close eye on markets have noted a surge in risk and debts which are likely to deter investment. However, it seems that it is quite the opposite.
In this article, we learn the lowdown of all of that economic activity. “Much of this capital spending will be focused on replacing aging infrastructure, as well as hardening equipment on the grid, improving efficiency measures, and finding ways to integrate more renewables onto the grid,” it reads.
We at Today’s Electrician magazine can definitely recommend that you read this exciting article explaining where capital spending will be concentrated on for electrical utilities. Learn how these trends could affect your business in the coming year.