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2024 global undersea transmission market size of nearly 153

2024 global undersea transmission market size of nearly 153 billion 900 million yuan

Introduction: according to Navigant research the latest research report shows that in 2015, the global undersea power transmission market size is expected to $168 million (about RMB 104.2 billion yuan). With the growing global demand for electricity and regional power grid integration development to 2024, the data is expected to reach $248 billion ($153.9 billion yuan).

According to Navigant research the latest research report shows, in 2015, the global undersea power transmission market size is expected to $168 million (about RMB 104.2 billion yuan). With the growing global demand for electricity and regional power grid integration development to 2024, the data is expected to reach $248 billion ($153.9 billion yuan).
Report pointed out that both the short distance transmission and long distance transmission, submarine (underwater) transmission system has become one of the main choice of various countries and regions in the world, which can avoid the problem of land expropriation and overhead wires to the environment caused by pollution.
According to statistics, at present global about 140 HVDC system and high voltage AC system plan, some have been put into construction, some still in the initial design stage. Along with the constant breakthroughs in technology and new product research and development, the next ten years, global undersea power transmission market will usher in substantial growth.
“Over the past few years connected between the offshore wind farms to the land grid and countries and regions interconnected power system is undersea power transmission market development the main reason.” Explanation of Navigant research senior researcher James McCray said, “undersea power transmission technology is changing the global power generation resources especially land grid integration of renewable energy. At the same time, in order to improve the regional energy security and energy balance, previous separate national grid will through the undersea transmission system achieve interoperability and strengthen the regional power trade, and promote the development of economy and social stability. ”
From the regional point of view, Europe is the largest regional market demand for transmission system. In recent years, Europe is out of coal-fired power plants and nuclear power plants, and vigorously develop renewable energy. For example, offshore wind farm clusters in Beihai area, etc.. This is the need for submarine transmission technology to help achieve renewable energy power generation facilities and power generation. At present, the European market accounted for global demand for submarine transmission ratio is as high as more than 70%, is expected to 2024, the proportion of at least more than 50%.
In this paper, the real time exchange rate of 1 U.

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