The global power grid is undergoing a massive transformation, driven by the need to increase capacity and integrate renewable energy. This presents several key challenges:

• Aging Infrastructure: Much of the existing grid was built decades ago and is reaching the end of its operational life. This requires significant investment in upgrades and replacements.

• Integration of Renewables: Solar and wind farms are often located in remote areas, far from population centers. Building new transmission lines to connect these renewable sources to the grid is a major logistical challenge.

• Grid Resilience: Extreme weather events are becoming more frequent and intense, placing a huge strain on the grid. Upgrading infrastructure to be more resilient to storms, wildfires, and other disasters is a top priority.

• Cybersecurity: As the grid becomes more digitized, it becomes more vulnerable to cyberattacks. Protecting this critical infrastructure is a major concern for all grid operators.

Our Role in Building and Modernizing the Grid