A promising year for the STATCOM market

A promising year for the STATCOM market

The Static Synchronous Compensator (STATCOM) is one of the most sophisticated technology under the umbrella of Flexible AC Transmission Systems (FACTS). The technology is attractive choice due to its faster response and smaller footprint as compared to the Static VAR...
Developments in the HVDC market in 2020

Developments in the HVDC market in 2020

The imposition of global lockdowns to curtail the spread of pandemic in 2020 significantly reduced the electricity demand. According to International Energy Agency (IEA), electricity demand dropped 2% making it the largest drop in demand in the last 50 years and far...