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HTS Cables Accelerate Restructuring of the Power Grid
GlobalData, May 2011, Pages: 6
HTS Cables Accelerate Restructuring of the Power Grid
Summary
Utilities around the world are facing an increasing challenge in transmitting more power through power grids to meet growing demand for electricity. This challenge is greater in urban areas where there is greater public resistance and opposition to installing new power lines. Utilities operating in populous urban areas have taken steps to find feasible solutions to these concerns. These utilities have partnered to work on a promising new technology called high temperature superconductor (HTS) cables, which can help in meeting the increased demand for power with minimal infrastructure development. HTS cable technology enables the transmission and distribution of power through much smaller cables than comparable conventional cables. With the increased demand for efficient and improved power transmission in regions with high population density, the growth of the HTS cable market is expected to accelerate as companies restructure the power grids of these regions.
Scope
- Role of HTS cables in addressing the growing needs of global transmission network
- Key advantages of HTS cables as compared to conventional cables.
- Key Economic and Environmental benefits of HTS cables
- Potential barriers to HTS cables market growth
- Future growth potential with technology innovations
Reasons to buy
- Identifying the key growth and investment opportunities in HTS cable markets
- Gain insights on the growth potential offered by HTS cables for restructuring the power grids
- Developing strategies for restructuring the global transmission networks
- Facilitate decision-making based on upcoming market developments in the HTS cable systems to restructure the power grid
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