14 September 2016
Visiongain’s new 289 page report The High Voltage Direct Current (HVDC) Transmission Market Report : By Geography, Application, Technology, Configuration, Component, Distance and Cabling Type indicates that the HVDC market will see CAPEX of $30.06bn in 2016.
The lead visiongain analyst of the report commented, “Economic growth from emerging economies will ensure sustained demand for electricity generation, transmission and distribution. Developments in Voltage Source Converters (VSC) and circuit breaker technologies will be fundamental drivers for the market as they are necessary enablers for the realisation of the Supergrid. Along with the requirement to satisfy electricity demand to load centres, the global HVDC transmission market will be driven by future connections to remote renewable energy generation and micro-grid developments. This will be necessary for working towards the decarbonisation of power systems.”
The report contains more than 200 tables, charts and graphs that add visual analysis in order to explain developing trends within the market. The report also contains in-depth project tables detailing: Project name, application, cabling type, HVDC or UHVDC, HVDC lead, lead sponsors, location, estimated cost ($m), transmission technology, voltage (kV), power rating (MW) and cable Length (km) for upcoming HVDC projects. In addition, profiles and market share breakdowns of the leading companies involved in the market are provided, as well as interviews with the Multi-terminal DC Grid for Offshore Wind (MEDOW) consortium and the founder of PRG Energy, who provide expert opinions alongside visiongain’s analysis.
The report provides CAPEX forecasts ($US) for the global HVDC market from 2016-2026, as well as for six regional markets (Asia, Europe, North America, South America, Africa, and Southeast Asia and Oceania). In addition, the report provides breakdowns for the HVDC market by application, technology, configuration, component, distance and cabling type based on the current proposed projects.
The High-Voltage Direct Current (HVDC) Transmission Market 2016-2026 report will be of value to current and potential future stakeholders and/or investors in the HVDC industry. It will also benefit companies and research centres that wish to broaden their knowledge and understanding of a niche market that is becoming critically important in several countries throughout the world.
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