A multi-terminal HVDC demonstration grid in the North-Sea: a cost-effective option
Jat, C.K.; Dave, J.; Ergun, H.; Van Hertem, D. (2021). A multi-terminal HVDC demonstration grid in the North-Sea: a cost-effective option, in: International Conference on Smart Energy Systems and Technologies (SEST). pp. 1-9. https://dx.doi.org/10.1109/SEST50973.2021.9543382 |
Keyword | | Author keywords | HVDC; offshore grid; cost-benefit analysis; the North-Sea |
Abstract | n HVDC grid in the North-Sea is considered to have a high potential to aid the energy transition in Europe.n HVDC grid in the North-Sea is considered to have a high potential to aid the energy transition in Europe.A High investment cost and operational challenges are the major roadblocks in its realisation. This paper proposes a demonstration grid in the North-Sea and shows that it is a financially viable project. A sensitivity analysis corresponding to line capacities and base prices is performed. Recommendations for the construction and operation of such a grid are made from the regulatory stand point. |
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