Electric power transmission

Surging Energy Consumption and the Resulting Rise in Power Production, Transmission and Distribution

Retrieved on: 
Monday, September 14, 2020

DUBLIN, Sept. 14, 2020 /PRNewswire/ -- The "Power Transmission and Distribution Equipment - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Sept. 14, 2020 /PRNewswire/ -- The "Power Transmission and Distribution Equipment - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
  • The global market for Power Transmission and Distribution Equipment is projected to exceed US$200 billion by 2024, driven by the ever-present demand for energy; growing trend towards distributed energy generation; and rising investments in smart grids.
  • Rising demand for long-distance energy transmission is forecast to fuel demand for high-voltage direct current (HVDC) technology, given its ability to connect power grids from remote places and allow delivery of power without energy losses or outages.
  • With the cost of energy as high as 7.5% of GDP, there is considerable focus shed on energy-efficient production, transmission and distribution of power in order to minimize energy losses and lower the lifecycle costs of power generation equipment.

North America Synchronous Condenser Industry Report 2020: Trends, Developments and Revenue Projections to 2025

Retrieved on: 
Tuesday, September 8, 2020

The North American Synchronous Condenser Market is expected to grow at a steady rate during the forecast period.

Key Points: 
  • The North American Synchronous Condenser Market is expected to grow at a steady rate during the forecast period.
  • Major factors anticipated to drive the growth of the North American Synchronous Condenser Market include surging requirement for power factor correction and the rising demand for renewable power generation.
  • Additionally, a synchronous condenser is very helpful in stabilizing the transmission grid by generating lagging and leading reactive power, thereby fuelling the market growth.
  • The North American Synchronous Condenser Market can be segmented based on cooling type, starting method, end-user, reactive power rating and country.

For Public Safety Due to Severe Weather, PG&E has Begun Process of Turning Off Power in High Fire-Threat Areas

Retrieved on: 
Tuesday, September 8, 2020

Pacific Gas and Electric Company (PG&E) has begun the process of power de-energization of numerous electrical lines as part of a Public Safety Power Shutoff (PSPS) due to severe weather conditions.

Key Points: 
  • Pacific Gas and Electric Company (PG&E) has begun the process of power de-energization of numerous electrical lines as part of a Public Safety Power Shutoff (PSPS) due to severe weather conditions.
  • We are working to reduce the number of customers affected and the length of time they are without power.
  • The process to shut off power began at around 9 p.m. today, Monday, Sept. 7, 2020.
  • Once the high winds subside, PG&E will inspect the de-energized lines to ensure they were not damaged during the wind event, and then restore power.

Global Power Transmission and Distribution Equipment Market Projected to Exceed US$200 Billion by 2024 - ResearchAndMarkets.com

Retrieved on: 
Monday, September 7, 2020

The "Power Transmission and Distribution Equipment - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Power Transmission and Distribution Equipment - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
  • The global market for Power Transmission and Distribution Equipment is projected to exceed US$200 billion by 2024, driven by the ever-present demand for energy; growing trend towards distributed energy generation; and rising investments in smart grids.
  • With the cost of energy as high as 7.5% of GDP, there is considerable focus shed on energy-efficient production, transmission and distribution of power in order to minimize energy losses and lower the lifecycle costs of power generation equipment.
  • Electric Power Transmission and Distribution (T&D) Equipment: A Prelude

Amid Extreme Heat, Forecasted Offshore Dry Wind Event Means PG&E Might Need to Proactively Turn Off Power for Safety in Portions of 18 Counties

Retrieved on: 
Monday, September 7, 2020

Given the expected conditions, PG&E began its 24-hour advance notifications to customers in areas where PG&E may need to proactively turn power off for safety to reduce the risk of wildfire from energized power lines.

Key Points: 
  • Given the expected conditions, PG&E began its 24-hour advance notifications to customers in areas where PG&E may need to proactively turn power off for safety to reduce the risk of wildfire from energized power lines.
  • The potential PSPS starting Monday evening could impact approximately 103,000 customers in portions of 18 counties in the Sierra foothills and North Bay.
  • Customer notificationsvia text, email and automated phone callbegan late Saturday afternoon, approximately 48 hours prior to the potential shutoff.
  • PG&E carefully reviews a combination of many criteria when determining if power should be turned off for safety.

Shunt Reactor Market to Thrive as Consumption of Energy Continues to Increase Worldwide: Future Market Insights

Retrieved on: 
Thursday, September 3, 2020

DUBAI, U.A.E., Sept. 3, 2020 /PRNewswire/ -- According to a new market study by Future Market Insights (FMI), the global shunt reactor market is forecasted to witness substantial growth in terms of value between 2016 and 2026.

Key Points: 
  • DUBAI, U.A.E., Sept. 3, 2020 /PRNewswire/ -- According to a new market study by Future Market Insights (FMI), the global shunt reactor market is forecasted to witness substantial growth in terms of value between 2016 and 2026.
  • The growth of the shunt reactor market is primarily driven to the growth of the surging demand for energy across the world.
  • As the need for electric energy continues to increase in both residential and industrial sectors, shunt reactors will find remarkable adoption.
  • The rising energy consumption is directly shaping the growth of the shunt reactor market, driving the demand for the products.

Shunt Reactor Market to Thrive as Consumption of Energy Continues to Increase Worldwide: Future Market Insights

Retrieved on: 
Thursday, September 3, 2020

DUBAI, U.A.E., Sept. 3, 2020 /PRNewswire/ -- According to a new market study by Future Market Insights (FMI), the global shunt reactor market is forecasted to witness substantial growth in terms of value between 2016 and 2026.

Key Points: 
  • DUBAI, U.A.E., Sept. 3, 2020 /PRNewswire/ -- According to a new market study by Future Market Insights (FMI), the global shunt reactor market is forecasted to witness substantial growth in terms of value between 2016 and 2026.
  • The growth of the shunt reactor market is primarily driven to the growth of the surging demand for energy across the world.
  • As the need for electric energy continues to increase in both residential and industrial sectors, shunt reactors will find remarkable adoption.
  • The rising energy consumption is directly shaping the growth of the shunt reactor market, driving the demand for the products.

Analysis on Impact of COVID-19: Submarine Power Cable Market 2020-2024 | Growing Offshore Renewable Energy Installations to boost the Market Growth | Technavio

Retrieved on: 
Thursday, September 3, 2020

The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Key Points: 
  • The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
  • View the full release here: https://www.businesswire.com/news/home/20200903005047/en/
    Technavio has announced its latest market research report titled Global Submarine Power Cable Market 2020-2024 (Graphic: Business Wire)
    Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied.
  • Growing offshore renewable energy installations has been instrumental in driving the growth of the market.
  • Submarine Power Cable Market 2020-2024: Segmentation
    Submarine Power Cable Market is segmented as below:

LS Power Subsidiary DesertLink Energizes 500 kV Transmission Project

Retrieved on: 
Wednesday, August 26, 2020

The project covers approximately 60 miles between NV Energy's 500 kV Harry Allen substation to the north and Southern California Edison's 500 kV Eldorado substation to the south.

Key Points: 
  • The project covers approximately 60 miles between NV Energy's 500 kV Harry Allen substation to the north and Southern California Edison's 500 kV Eldorado substation to the south.
  • "Competition leads to innovation and value for consumers, which are core elements of every LS Power project," said LS Power CEO Paul Segal.
  • LS Power has an additional transmission project in advanced development that would be complementary to the HAE project:
    Southwest Intertie Project (SWIP) North, a 275-mile 500 kV transmission line that will run between Nevada and Idaho.
  • LS Power is a development, investment and operating company focused on the North American power and energy infrastructure sector.

Flexible AC Transmission Systems (FACTS) Market worth $1.5 billion by 2025 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, August 26, 2020

In a conventional AC transmission system, the ability to transfer AC power is limited by factors such as transient stability, thermal, voltage, and short circuit current limits.

Key Points: 
  • In a conventional AC transmission system, the ability to transfer AC power is limited by factors such as transient stability, thermal, voltage, and short circuit current limits.
  • These limitations can be overcome with the use of flexible AC transmission systems (FACTSs)power electronic controllersas they offer various benefits such as controllability, flexibility and reliability, as well as enhance power transfer capability of the network.
  • FACTS devices help in reducing voltage drops on a transmission line through power electronic devices that manage voltage limits.
  • Voltage control dominated facts market, in terms of size, in 2019
    Shunt compensation of the FACTS family is used for voltage control applications.