Short Term Outlook: European Markets Surge Forward with HVDC

by Mar 29, 2023

The European High Voltage Direct Current (HVDC) market is witnessing a surge in growth, driven by the increased deployment of renewable energy sources and the growing trend of cross-border electricity trade. This market is expected to reach its highest annual transmission capacity addition in 2025, reflecting the immense potential for growth in this sector. With the rise of green energy technologies and an increasing focus on sustainability, the demand for HVDC solutions is likely to continue its upward trajectory. Europe is expected to remain at the forefront of this trend, paving the way for a brighter and more sustainable future.

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