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Hitachi News
HITACHI ENERGY PASSES 150 GW IN HVDC LINKS INTEGRATED INTO THE POWER SYSTEM
The announcement follows the delivery of the first power from Dogger Bank, the world's largest offshore wind development, via the UK’s first-time use of HVDC technology on a wind farm.
The first-ever HVDC grid connection from an offshore wind farm, BorWin1 converter station in the North Sea
Hitachi Energy announced that it has enabled more than 150 gigawatts (GW) of high-voltage direct current (HVDC) links around the world integrated into the powersystem – sufficient to meet the peak power demand for Japan.
Investments in the three focus areas of Hitachi Energy 2030 Plan:
1) Continuously strengthening the power grid core business
The company has invested heavily in expanding capacity and new hires across the globe in Europe, the Middle East and Africa, North and South America, and Asia Pacific. Examples from this year alone are the power quality factory and the global technology and innovation centre in India, and the transformer factory in China. In addition, it has recently invested in Sweden, Switzerland, and the US.
Hitachi Energy announced that it has enabled more than 150 gigawatts (GW) of high-voltage direct current (HVDC) links around the world integrated into the powersystem – sufficient to meet the peak power demand for Japan.
Investments in the three focus areas of Hitachi Energy 2030 Plan:
1) Continuously strengthening the power grid core business
The company has invested heavily in expanding capacity and new hires across the globe in Europe, the Middle East and Africa, North and South America, and Asia Pacific. Examples from this year alone are the power quality factory and the global technology and innovation centre in India, and the transformer factory in China. In addition, it has recently invested in Sweden, Switzerland, and the US.
- Investments in R&D: Sustainable solutions: EconiQ™ contains no sulfur hexafluoride (SF6) proven to significantly reduce carbon footprint throughout the entire life cycle. Next-generation power semiconductors like RoadPak for e-Mobility. Digital technologies like Lumada Asset Performance Management and IdentiQ™ for HVDC and power quality.
2) Doubling efforts on digital and services and expansion at the edge of the energy system
Digitalization and Service: The new generation of Lumada Asset Performance Management software solution features advantages of Artificial Intelligence; the acquisition of a majority stake in eks Energy, a power conversion technology provider to enhance storage and flexibility at the edge of the energy system.
3) Innovation, synergies, partnerships, and M&A to accelerate growth
Increasingly strong collaborations have led to new business models, framework agreements for capacity reservation, and global standards, allowing for better planning to meet demands. Some key projects enabled by the company’s technologies are Champlain Hudson Power Express, TenneT’s 2GW Program, and Project Lightning, a first-of-its-kind subsea power transmission project.
The IEA report, “Electricity Grids and Secure Energy Transitions” states that grid investment needs to nearly double by 2030 to over $600 billion per year after stagnation at the global level, and building out of grids requires a secure supply chain and a skilled workforce.
Rapid electrification of transport, buildings, and industries is increasing the demand for secure, sustainable, and flexible electricity globally. The company is committed to continuously strengthening its business toward the forecast of the 2050 energy system; where it sees an installed global power generation capacity of four times today and a transfer of electrical energy, which is three times compared to what it is today.
Digitalization and Service: The new generation of Lumada Asset Performance Management software solution features advantages of Artificial Intelligence; the acquisition of a majority stake in eks Energy, a power conversion technology provider to enhance storage and flexibility at the edge of the energy system.
3) Innovation, synergies, partnerships, and M&A to accelerate growth
Increasingly strong collaborations have led to new business models, framework agreements for capacity reservation, and global standards, allowing for better planning to meet demands. Some key projects enabled by the company’s technologies are Champlain Hudson Power Express, TenneT’s 2GW Program, and Project Lightning, a first-of-its-kind subsea power transmission project.
The IEA report, “Electricity Grids and Secure Energy Transitions” states that grid investment needs to nearly double by 2030 to over $600 billion per year after stagnation at the global level, and building out of grids requires a secure supply chain and a skilled workforce.
Rapid electrification of transport, buildings, and industries is increasing the demand for secure, sustainable, and flexible electricity globally. The company is committed to continuously strengthening its business toward the forecast of the 2050 energy system; where it sees an installed global power generation capacity of four times today and a transfer of electrical energy, which is three times compared to what it is today.
