THE $50 BIL FUTURE OF HIGH VOLTAGE TRANSMISSION
High-Voltage Direct Current Transmission Systems; HVDC Converters, Cables, Submarine Interconnections, Multiterminal Grids, and Hybrid Breakers: Global Market Analysis and Forecasts
4Q 2013 (Navigant Research)
“Generally regarded as the most complex machine in the world today, the interconnected power grid started off with a centralized generator and a direct current (DC) transmission line in New York City in 1882. Since then, most grids have been built using alternating current (AC)…While AC transmission still dominates the transmission industry overall, doubts concerning the limited capability of classic [high voltage direct current (HVDC)] transmission have been removed by innovative voltage-source converters (VSCs)…Navigant Research forecasts that global cumulative HVDC converter revenue will amount to $56.6 billion between 2013 and 2020…” click here for more
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