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Super Grid Market

Thursday, 08 December 2016 06:03

- omkartmr

Increasing global demand for energy is anticipated to accelerate growth in the global super grid market. Renewable energy sources are abundant, emission-free and have a large potential to lead to a low carbon future. However, these energy sources are located far from the cities and these increases the distance of transmission lines to carry power from remotely located renewable energy sources to distribution lines. Increasing need to integrate remotely located renewable energy sources to the conventional grid is one of the major drivers of growth in the super grid market.

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Super grid is a technology that allows transmission of power in high volume over long distances. They are sometimes also referred to as “mega grid”. Advancement in technologies is expected to augment growth in the super grid market. The conventional grid infrastructure in most of the countries across the globe is ageing and needs modernization. Moreover, a need to improve energy security of the grid further increases demand for a more secure grids.  

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