The global transmission grid market is expected to grow at a CAGR of 16.97% in the next five years (2013-2018).
According to the report, global HVDC grid market is driven by offshore wind farm installations and government incentives.
In the new report, ‘HVDC Transmission Market – By Technology (LCC/VSC), Configuration (Back to Back, Monopolar, Bipolar, Multi-Terminal), Power Rating (Below 500 MW, 501 MW – 999 MW, 1000 MW – 2000 MW & Above 2000 MW), Application, Component & Geography (2013 – 2018)’, different technologies have been discussed like the line commutated converters and voltage source converters.
The configuration includes back to back, monopolar, bipolar and multi-terminal. The HVDC’s component comprises thyristor, insulated gate bipolar transistor (IGBT), surge arrester, converter transformer, DC circuit, smoothing reactors, harmonic filters, control and protection.
The power rating market is categorized into below 500MW, 501MW – 999MW, 1,000MW – 2,000MW, and above 2,000MW.
