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Analysis of the Global HVDC and FACTS Market

The Integration of Renewables into Grid Networks is Driving Remarkable Developments in High-voltage Transmission Systems

  • Research Code : NF9C-01-00-00-00
  • SKU : EG00187-GL-MR_00682
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  • Release Date : 24-Sep-2015
  • Region : Global
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As a result of global population explosion and growing power demand, utilities are investing in new power plants. The rise in environmental concerns urges power producers to invest in clean energy, which is typically located in remote regions. To connect such remotely located power generation sources and to also minimize transmission losses, companies deploy high-voltage systems, including high-voltage direct current (HVDC) systems and flexible alternating current transmission systems (FACTS). This study discusses global market opportunities and drivers and restraints that will impact future market growth.
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