In this episode, we chat with Oxana Dankova, Partner and Director of Energy Networks at BCG, on the global state of transmission and distribution investment. Grid investment is set to double in the next five years globally, with the world's grid footprint more than doubling by 2050.

But the build-out isn't straightforward. Oxana walks us through the funding pressures that could push tariffs higher, the supply chain bottlenecks stretching cable orders 5–7 years out, and the "not in my backyard" challenges. She also makes the case that the most interesting innovation isn't in the giant transmission lines — it's at the distribution level, where flexibility and smarter planning could change what we actually need to build.

* This episode was recorded in August 2025 so any dates mentioned are relative to that time.