The APAC HVDC transmission systems market is predicted to develop due to its higher efficiency and lower cost benefits

So far, Asia has dominated the worldwide HVDC transmission business. The region's market share has been declining over the last decade, owing primarily to market growth in Europe and North America. Given the large opportunities and government rules, countries like China and Indonesia are likely to attract significant investments.

Year after year, the global need for clean and renewable energy grows. Governments are considering a variety of options for addressing their energy issue, including the interconnection of HVDC systems. Thousands of Megawatts of power are sent across various grids every day, thanks to a lot of investment in connecting diverse power grids.


In 1882, the first long-distance High Voltage Direct Current transmission was made across a distance of 57 kilometres, with a power output of only 1.5 kW in Germany. The Rio Madeira transmission connection in Brazil now holds the record for the longest transmission, with a length of 2385 kilometres and a capacity of 7.1 GW.

The concept of Direct Current has resurfaced in the last 130 years, with individuals recognising its advantages over long-distance transmission and how problems that previously existed can be overcome. The concept of DC was popularised by Thomas Edison, but it never truly caught on with the general public. After countless studies and new breakthroughs in this field, companies are once again considering HVDC as a solution to the problem of HVAC transmission.

In recent years, the average size of HVDC transmission systems has expanded. With more nations joining the project and establishing more HVDC grids, the APAC HVDC Transmission Systems Market is growing.

HVDC has a number of advantages, including the fact that it is much cheaper to transmit power over long distances, that transmission losses are lower over longer distances, that there is no maximum transmission distance, and that it allows power to be transferred from one AC grid to another with different frequencies. This aids in the connection of incompatible grids, provides stability, and boosts the economy.

The main difficulties with HVDC are the cost of its converter stations and the need for a well-communicated system to control the power flow, making multi-terminal systems expensive. Big corporations are getting involved in the APAC HVDC Transmission Systems Market, and they're coming up with novel solutions to some of the market's problems.

The primary process of HVDC is to convert AC to DC at the transmitting end and then back to AC at the receiving end. Rectifiers and inverters can be used to do these conversions. Filters, thyristors, Insulated Gate Bijunction Transistor (IGBT), and Voltage Source Converter are some of the other significant devices utilised in this (VSC). The VSC field is undergoing a lot of research because it is one of the most important parts of reducing losses. Overhead wires or subsea cables can be used to transmit power.


Market Drivers

The APAC HVDC transmission systems market is predicted to develop because to the higher efficiency and lower cost benefits offered by HVDC over other systems.

HVDC transmission systems are predicted to have a low negative impact on the environment, propelling the APAC HVDC transmission systems market growth over the forecast period.

Comments

Post a Comment

Popular posts from this blog

YOU YES YOU!

Image
Welcome to Riya's  blog! HEY Everyone! So this is my my very first blog and  i am quite excited about it. WELL  I am  a 21 years old girl who sees the world through her eyes just like everyone else. I believe each of us have their own views and opinions about every little thing that we see through our eyes wide open and that is  what individuality is ! Having our own brains , hobbies,rights,skills , gifts ,flaws and i certainly believe that embracing them is one of the best things a human could do. Okay well so the topic on what  i am going to throw a little  light on here is not self love or self respect or being righteous , strong or anything like that , My topic here is going to be "YOU"   . "YOU" can be anyone here including me 'YOU' = "Individual" Isn't it so weird that in a world having  millions and millions of people  with their own "IDENTITIES " still lack " INDIVIDUALITY ". You know why? because...
Read more

Continuous Glucose Monitoring (CGM) Devices Market -Dynamics and Forecast

Image
CGM (Continuous Glucose Monitoring) technology allows you to monitor your glucose levels 24 hours a day using a sensor that delivers the data to a MiniMed insulin pump. However, these devices also aid in diabetes management by lowering individual insulin dosages. These gadgets' integrated software provides users with information about food consumption, medication, physical activity, and ailments.  As a result, an increasing number of diabetic patients are relying on these devices to control and treat their condition, propelling market growth. A growing number of continuous glucose monitoring devices are being integrated with apps and software to treat people with diabetes mellitus, thanks to the development of digital medicines.The rising prevalence of diabetes mellitus has boosted the market for continuous glucose monitoring (CGM) devices. The Continuous Glucose Monitoring (CGM) Market is estimated to develop at a CAGR of 14% over the forecast period. High blood glucose levels oc...
Read more

With the economic slump due to covid-19, the Africa Mobile Phone Accessories Market has had a significant influence

Image
Due to improvements in many areas such as consumer electronics and others, the Africa Mobile Phone Accessories Market is likely to grow significantly in the future years. The expansion of the mobile phone accessories industry in Africa has been aided by changes in lifestyle and an increase in disposable money among end-users. Furthermore, there is little doubt that COVID-19 has had an impact on the lives of all indigenous around the world. With the economic slump, it has had a significant influence on the Mobile Phone Accessories business. Africa Mobile Phone Accessories Market is expected to increase during the forecast period 2020-2026, according to the research. Government attempts to lessen potential reliance on imports from Taiwan and South Africa are projected to have a significant impact on the African market. This has given local producers the much-needed boost they required to establish a strong foothold in the current market. Manufacturers are focussing their efforts in the c...
Read more