Utilities to Invest $1.1 Trillion in Electric Grid Modernization to Address Aging Infrastructure
The utilities industry is facing significant challenges due to aging infrastructure, increased outages, and rising demand for electricity. An estimated 70% of transmission lines are over 25 years old, nearing the end of their lifecycle. In response, electric utilities are expected to invest over $1.1 trillion between 2025 and 2029 to expand capacity, modernize infrastructure, and scale renewable energy and battery storage. This investment aims to address the need for more field technicians and engineers to manage and maintain these systems. Rugged mobile solutions are being deployed to ensure technicians can access critical information and collaborate in real-time, enhancing productivity and reducing downtime. 
