Synchronous condenser

The Worldwide Synchronous Condenser Industry is Expected to Reach $811 Million by 2030 - Increasing Demand for Renewable Power Generation is Driving Growth - ResearchAndMarkets.com

Retrieved on: 
Monday, December 12, 2022
Technology, Hardware, Hydrogen, Water, Permanent magnet synchronous generator, Electricity, Windage, Atmosphere, Thermal conductivity, HVDC, Atmosphere of Earth, Flexible AC transmission system, Ageing, Synchronous condenser, Temperature, USD, Risk, Electric motor

New Synchronous Condenser: is expected to be the largest segment synchronous condenser market, by type

Key Points: 
  • New Synchronous Condenser: is expected to be the largest segment synchronous condenser market, by type
    The type segment is categorized as New Synchronous Condenser and refurbished synchronous condenser.
  • A new synchronous condenser is constructed with 2 or 4 poles (2-pole pair), which can be cooled with hydrogen, air, and water.
  • The hydrogen cooled synchronous condenser segment is expected to emerge as the fastest segment, by Cooling technology
    The Synchronous Condenser market has been segmented into hydrogen cooled synchronous condenser, Air cooled synchronous condenser and Water cooled synchronous condenser.
  • The hydrogen-cooled synchronous condenser uses gaseous hydrogen as a coolant because of its superior cooling properties.

Amp Energy announces the largest battery storage facilities in Europe with two flagship 400 MW projects located in Scotland

Retrieved on: 
Tuesday, January 25, 2022
Hydrogen, Electricity, Synchronous condenser, Technology, Carbon, National Grid, US, Amp, Growth, Energy transition, Solution, Carlyle, Wind, Ownership, National Grid plc, Mountain Dew Amp, International finance, GB, Investment, Renewable energy, Electric battery, Hunterston, Scottish

LONDON and TORONTO, Jan. 25, 2022 /PRNewswire/ - Amp Energy, a global Energy Transition Platform, and renewable energy developer, today announces Europe's two biggest battery storage facilities with its 800 MW battery portfolio in central Scotland (the "Scottish Green Battery Complex").

Key Points: 
  • LONDON and TORONTO, Jan. 25, 2022 /PRNewswire/ - Amp Energy, a global Energy Transition Platform, and renewable energy developer, today announces Europe's two biggest battery storage facilities with its 800 MW battery portfolio in central Scotland (the "Scottish Green Battery Complex").
  • The portfolio is due to be operational in April 2024 and will be comprised of two 400 MW battery facilities, each providing 800 MWhrs of energy storage capacity.
  • The 400 MW batteries will be the two largest grid-connected battery storage facilities in Europe.
  • The projects will provide reliable grid stability services and power management across the central belt of Scotland including Glasgow and Edinburgh.

Amp Energy announces the largest battery storage facilities in Europe with two flagship 400 MW projects located in Scotland

Retrieved on: 
Tuesday, January 25, 2022
Hydrogen, Electricity, Synchronous condenser, Technology, Carbon, National Grid, Mountain Dew Amp, US, Amp, Growth, Energy transition, Solution, Carlyle, Wind, Ownership, National Grid plc, International finance, GB, Investment, Renewable energy, Electric battery, Hunterston, Scottish

LONDON and TORONTO, Jan. 25, 2022 /PRNewswire/ -- Amp Energy, a global Energy Transition Platform, and renewable energy developer, today announces Europe's two biggest battery storage facilities with its 800 MW battery portfolio in central Scotland (the "Scottish Green Battery Complex").

Key Points: 
  • LONDON and TORONTO, Jan. 25, 2022 /PRNewswire/ -- Amp Energy, a global Energy Transition Platform, and renewable energy developer, today announces Europe's two biggest battery storage facilities with its 800 MW battery portfolio in central Scotland (the "Scottish Green Battery Complex").
  • The portfolio is due to be operational in April 2024 and will be comprised of two 400 MW battery facilities, each providing 800 MWhrs of energy storage capacity.
  • The 400 MW batteries will be the two largest grid-connected battery storage facilities in Europe.
  • The projects will provide reliable grid stability services and power management across the central belt of Scotland including Glasgow and Edinburgh.

Worldwide Synchronous Condenser Industry to 2027 - Converting the Existing Synchronous Generators into Synchronous Condensers Presents Opportunities

Retrieved on: 
Friday, March 12, 2021
Electrical engineering, Energy conversion, Energy, Synchronous condenser, Condenser

A more affordable and efficient approach is to turn the current synchronous generators into synchronous condensers.

Key Points: 
  • A more affordable and efficient approach is to turn the current synchronous generators into synchronous condensers.
  • Thus, the above-mentioned factors are expected to offer new opportunities for the synchronous condenser market globally.
  • Geographically, North America held the largest share of the synchronous condenser market in 2019, followed by Europe and Asia Pacific.
  • In 2019, the static frequency converter segment accounted for a significant share in the global synchronous condenser market.

Global Synchronous Condenser Market Forecast to 2027 - COVID-19 Impact and Analysis - ResearchAndMarkets.com

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Thursday, March 11, 2021
Other Manufacturing, Manufacturing, Electrical engineering, Laboratory glassware, Energy conversion, Energy, Synchronous condenser, Condenser

The "Synchronous Condenser Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Cooling Type, Reactive Power Rating, Starting Method, and Application" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Synchronous Condenser Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Cooling Type, Reactive Power Rating, Starting Method, and Application" report has been added to ResearchAndMarkets.com's offering.
  • Geographically, North America held the largest share of the synchronous condenser market in 2019, followed by Europe and Asia Pacific.
  • Based on reactive power rating, the synchronous condenser market is segmented into up to 100 MVAr, 100-200 MVAr, and above 200 MVAr.
  • In 2019, the static frequency converter segment accounted for a significant share in the global synchronous condenser market.

North America Synchronous Condenser Market to 2026 by Cooling Type (Hydrogen-Cooled, Air-Cooled and Water-Cooled) & Starting Method (Static Frequency Converter, Pony Motor)

Retrieved on: 
Tuesday, March 2, 2021
Energy, Energy conversion, Laboratory glassware, Electrical engineering, Heat exchangers, Steam power, Synchronous condenser, Condenser, Surface condenser

The North American Synchronous Condenser Market was valued USD177.24 million in 2020 and is expected to grow at a rate of 3.63% from 2021-2026.

Key Points: 
  • The North American Synchronous Condenser Market was valued USD177.24 million in 2020 and is expected to grow at a rate of 3.63% from 2021-2026.
  • Growth in North America Synchronous Condenser market can be attributed to the increasing demand in utilities and applications in renewable energy sector.
  • The North American Synchronous Condenser Market can be segmented based on cooling type, starting method, end-user, reactive power rating and country.
  • The increasing installations of large-sized, above 200 MVAr synchronous condensers, especially in the US, are likely to foster the growth of synchronous condenser market in North America.

North America Synchronous Condenser Market, Competition, Forecast & Opportunities, 2016-2020 & 2021-2026 - ResearchAndMarkets.com

Retrieved on: 
Friday, February 26, 2021
Other Energy, Energy, Energy, Energy conversion, Laboratory glassware, Electrical engineering, Heat exchangers, Steam power, Synchronous condenser, Condenser, Surface condenser

The North American Synchronous Condenser Market was valued USD177.24 million in 2020 and is expected to grow at a rate of 3.63% from 2021-2026.

Key Points: 
  • The North American Synchronous Condenser Market was valued USD177.24 million in 2020 and is expected to grow at a rate of 3.63% from 2021-2026.
  • Growth in North America Synchronous Condenser market can be attributed to the increasing demand in utilities and applications in renewable energy sector.
  • The North American Synchronous Condenser Market can be segmented based on cooling type, starting method, end-user, reactive power rating and country.
  • The increasing installations of large-sized, above 200 MVAr synchronous condensers, especially in the US, are likely to foster the growth of synchronous condenser market in North America.

Global Synchronous Condenser Market (2020 to 2025) - Expanding High-Voltage Direct Current (Hvdc) Network Presents Opportunities

Retrieved on: 
Monday, January 18, 2021
Electrical engineering, Energy, Energy conversion, Laboratory glassware, Heat exchangers, Electric motors, Synchronous condenser, Steam power, Condenser, Surface condenser, High-voltage direct current

The global synchronous condenser market is projected to reach USD 574.0 million by 2025 from an estimated USD 508.4 million in 2020, at a CAGR of 2.5% during the forecast period.

Key Points: 
  • The global synchronous condenser market is projected to reach USD 574.0 million by 2025 from an estimated USD 508.4 million in 2020, at a CAGR of 2.5% during the forecast period.
  • Hydrogen cooled synchronous condensers are the fastest-growing segment during the forecast period in the global synchronous condenser market.
  • By starting method, static frequency converters segment is expected to dominate the global synchronous condenser market.
  • The demand for synchronous condensers in Europe is mainly driven by rising HVDC network in the region.

The Worldwide Synchronous Condenser Industry is Projected to Reach $574 Million by 2025 - ResearchAndMarkets.com

Retrieved on: 
Friday, January 15, 2021
Manufacturing, Energy, Other Energy, Engineering, Utilities, Electrical engineering, Energy, Energy conversion, Heat exchangers, Laboratory glassware, Electric motors, Synchronous condenser, Electric power transmission systems, Condenser, Electrical grid, Surface condenser

The global synchronous condenser market is projected to reach USD 574.0 million by 2025 from an estimated USD 508.4 million in 2020, at a CAGR of 2.5% during the forecast period.

Key Points: 
  • The global synchronous condenser market is projected to reach USD 574.0 million by 2025 from an estimated USD 508.4 million in 2020, at a CAGR of 2.5% during the forecast period.
  • Synchronous condensers play a vital role by generating lagging and leading reactive power, helping to stabilize the transmission grid.
  • Hydrogen cooled synchronous condensers are the fastest-growing segment during the forecast period in the global synchronous condenser market.
  • The synchronous condensers market in North America is projected to grow at the fastest rate during the forecast period.

Synchronous Condenser Market Worth $574.0 Million by 2025 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, January 6, 2021
Electrical engineering, Energy, Energy conversion, Heat exchangers, Laboratory glassware, Electric motors, Synchronous condenser, Steam power, Surface condenser, Condenser

Static frequency converters provide superior control for starting synchronous condensers compared with pony motors.

Key Points: 
  • Static frequency converters provide superior control for starting synchronous condensers compared with pony motors.
  • Hydrogen-cooled synchronous condensers are the largest segment and are expected to grow faster than other cooling methods.
  • The key driving factor will be the installation of medium- to large-sized synchronous condenser units between 100 and 300 MVAr across the regions.
  • Rising demand for synchronous condensers in Canada, especially new installations and conversion of old power plants to synchronous condensers in the US is anticipated to drive the Synchronous Condenser Marketin North America.