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Carbon pricing is an increasingly popular mechanism that tackles climate change, by employing market forces to incentivize individuals and companies to transition to clean energy. The primary objective of carbon pricing is to change behavior. This report explores two...
Technological Overview of Global HVDC Market Till 2020
• High voltage direct current (HVDC) power transmission systems across the globe rely on DC (direct current) for the transmission of bulk power over long distances. • HVDC systems are usually installed in three different configurations; namely: asymmetric monopole,...
COP27: The Fight to Keep the 1.5°C Goal Alive
The Sharm El-Sheikh Climate Change Conference took place last month in Egypt, commencing on 6 November 2022 and ending on the 18th. The conference builds up on pledges made in the COP26 at Glasgow last year and comprised of a series of events to build on future...
CIGRE Conference Impressions – 2022
The CIGRE Paris session, which ended just four weeks ago, was a mix of optimism and anxiety. The conference was attended by more than 9,000 attendees from 120 counties, out of which 35% were from the electrical utilities and 25% from the manufacturing sector. In past...
Comprehensive Overview of the HVDC Market of North America and Europe
The world is currently undergoing an energy transition, especially the advanced economies of Europe and North America, in the wake of climate change and the subsequent commitments made to tackle it at the regional and international level. The debate, however, is...
North American HVDC Market (2017–2021)
The HVDC market has gained a lot traction due to the expansion of renewable energy resources across the globe. In the last decade, a significant growth in onshore renewables has been witnessed in North America. To evacuate this energy from generation centres, HVDC has...
Transmission Titans: APAC’s HVDC Market Dominates with 29 GW of Capacity
The APAC HVDC market is driven by factors such as the ability to reliably transmit high power loads over long distances, efficient transmission with minimal transmission and distribution losses. Due to varying market dynamics, the region can be further segmented into...