Smart Grid Market Revenue Will Hit $73 Billion Annually By 2020
The global smart grid market will nearly double by 2020, reaching $73 billion in annual revenue and $461 billion in cumulative profit, predicts Navigant Research.
HVDC
ABB To Set Up $130 Million HVDC Link In Finland To Facilitate Renewable Energy Transmission
Global power & automation technology leader ABB has won a contract worth $130 million to supply a new underwater power transmission link between Finnish mainland and Åland. The link will be 158 kilometres long and will have a capacity to transit 100 MW of electricity. Åland, an autonomous province … [continued]
Big Boost For Renewable Energy In Store: ABB Develops “Game Changing” Hybrid HVDC Breaker
The HVDC transmission breakthrough holds the potential to significantly lower the cost of transporting and distributing clean, renewable power locally, as well as from remote wind and solar power installations. […]
First HVDC Transmission Projects Beginning Globally
Finally. We are starting to get the high-voltage direct current (HVDC) transmission system we need to shift massive amounts of wind power from all those empty states where all the wind is, to all the full ones where all the people are. Green Car Congress reports that Siemens is starting to build the much-needed grid that it takes.
