EuroWire March 2016

News Corporate

HVDC market to hit $30bn value this year

stations); by technology (line commutated and voltage source converters; UHVDC and HVDC); by configuration (monopolar, bipolar, back-to-back (B2B) and multi-terminal); by distance; and by cabling type (overground, underground, subsea and combination). Profiles of leading HVDC transmission component and cable suppliers are also included, with details of market share, key projects and future outlook. Visiongain – UK Website : www.visiongain.com Aloha to cable Alcatel-Lucent Submarine Networks has signed a turnkey agreement with Bluesky Pacific’s subsidiary, Amper SA, for a 9,700km submarine cable system across the Pacific Ocean. The Moana Cable will link New Zealand and Hawaii when completed in 2018; the second 1,700km segment, based on one fibre pair, will link the Cook Islands to the Samoa hub. Alcatel-Lucent Submarine Networks – France Website : www.alcatel-lucent.com Amper SA – Spain Website : www.amper.es

Visiongain’s latest report calculates the global HVDC transmission market will be worth $30.06 billion in 2016. The report addresses the development of the HVDC transmission market, placing analyses and data by geography, application, technology, configuration, component, distance and cabling type. Visiongain anticipates the circuit-breaker as the necessary enabler for the realisation of the supergrid; this will facilitate greater investment beyond the forecast period. Regionally, spending is much more volatile; different trends, regulatory environments, stages of electrical grid development, political priorities and distributions of fossil and non-fossil fuel resources are influencing the authorisation and construction of HVDC projects. Within the Asian market, the Chinese submarket dominates, and its HVDC projects will underpin the entire HVDC transmission market for the next five years. The second half of the forecast period will be characterised by projects in Europe and transformation of power systems in emerging economies. The report contains tables of 101 proposed, at date of publication, HVDC transmission projects. Data is broken down by application (connection to remote generation, power sharing/ exchange, long-distance transmission and upgrade projects: grid robustness); by component (transmission lines and convertor