Hitachi Energy passes 150 GW in HVDC links integrated into the power system
Hitachi Energy has announced that it has enabled more than 150 GW of high-voltage direct current (HVDC) links around the world integrated into the power system.
Image for illustration purposes.
Switzerland, Zürich: Hitachi Energy has announced that it has enabled more than 150 GW of high-voltage direct current (HVDC) links around the world integrated into the power system.
This is sufficient to meet the peak power demand for Japan, and 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 company has consistently expanded its capacity to meet accelerating demand driven by the energy transition. Since 2020, when Hitachi began its strategic investment, Hitachi Energy has increased its workforce by more than 8,000. Within this period, the company invested $3 billion in manufacturing and engineering footprint, and R&D, expanding collaboration and driving the company to become the strategic partner throughout the customers’ entire life cycle.
“Electricity will be the backbone of the entire energy system and will help to drive the clean energy transition. Today’s announcement shows how we are enabling our customers to accelerate the development of the power grids that energy system requires,” said Claudio Facchin, CEO of Hitachi Energy.
The continuing investments are in line with the Hitachi Energy 2030 Plan and Hitachi’s Mid-term Management Plan 2024. The investments include continuously strengthening the power grid core business, investments in R&D, doubling efforts on digital and services and expansion at the edge of the energy system and innovation, synergies, partnerships, and M&A to accelerate growth.
Strong collaborations have led to new business models, framework agreements for capacity reservation, and global standards, allowing for better planning to meet demands. 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 transmission project.
Rapid electrification of transport, buildings, and industries is increasing the demand for secure, sustainable, and flexible electricity globally. The company is committed to 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.
Source: Hitachi Energy