Product Code: ETC4532350 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The UK HVDC Converter Station market comprises infrastructure for converting alternating current (AC) to direct current (DC) and vice versa in HVDC transmission systems. These stations facilitate efficient long-distance power transmission, minimizing energy losses and improving grid reliability and flexibility.
In the UK, the HVDC Converter Station market is driven by increasing demand for efficient electricity transmission, integration of renewable energy sources, and grid stability enhancement. Investments in interconnecting HVDC transmission lines and offshore wind farms propel market growth. Technological advancements in converter station design, voltage control systems, and semiconductor technologies improve energy conversion efficiency. Moreover, government initiatives promoting sustainable energy infrastructure drive market development.
Challenges in the UK HVDC converter station market include complex engineering requirements and regulatory approvals for large-scale infrastructure projects. Integration of renewable energy sources and grid stability concerns further influence market dynamics and investment decisions.
Government policies in the HVDC converter station market prioritize infrastructure development and energy efficiency in electricity transmission. Regulations set standards for converter station design, operation, and maintenance to ensure grid reliability and compatibility with renewable energy sources. Initiatives promote interconnection projects with neighboring countries to enhance energy security and facilitate cross-border electricity trading.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 United Kingdom (UK) HVDC Converter Station Market Overview |
3.1 United Kingdom (UK) Country Macro Economic Indicators |
3.2 United Kingdom (UK) HVDC Converter Station Market Revenues & Volume, 2021 & 2031F |
3.3 United Kingdom (UK) HVDC Converter Station Market - Industry Life Cycle |
3.4 United Kingdom (UK) HVDC Converter Station Market - Porter's Five Forces |
3.5 United Kingdom (UK) HVDC Converter Station Market Revenues & Volume Share, By Configuration, 2021 & 2031F |
3.6 United Kingdom (UK) HVDC Converter Station Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 United Kingdom (UK) HVDC Converter Station Market Revenues & Volume Share, By Component, 2021 & 2031F |
4 United Kingdom (UK) HVDC Converter Station Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Kingdom (UK) HVDC Converter Station Market Trends |
6 United Kingdom (UK) HVDC Converter Station Market, By Types |
6.1 United Kingdom (UK) HVDC Converter Station Market, By Configuration |
6.1.1 Overview and Analysis |
6.1.2 United Kingdom (UK) HVDC Converter Station Market Revenues & Volume, By Configuration, 2021-2031F |
6.1.3 United Kingdom (UK) HVDC Converter Station Market Revenues & Volume, By Monopolar, 2021-2031F |
6.1.4 United Kingdom (UK) HVDC Converter Station Market Revenues & Volume, By Bi-Polar, 2021-2031F |
6.1.5 United Kingdom (UK) HVDC Converter Station Market Revenues & Volume, By Back-to-Back, 2021-2031F |
6.1.6 United Kingdom (UK) HVDC Converter Station Market Revenues & Volume, By Multi-Terminal, 2021-2031F |
6.2 United Kingdom (UK) HVDC Converter Station Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 United Kingdom (UK) HVDC Converter Station Market Revenues & Volume, By LCC, 2021-2031F |
6.2.3 United Kingdom (UK) HVDC Converter Station Market Revenues & Volume, By VSC, 2021-2031F |
6.3 United Kingdom (UK) HVDC Converter Station Market, By Component |
6.3.1 Overview and Analysis |
6.3.2 United Kingdom (UK) HVDC Converter Station Market Revenues & Volume, By Valve, 2021-2031F |
6.3.3 United Kingdom (UK) HVDC Converter Station Market Revenues & Volume, By Converter Transformer, 2021-2031F |
6.3.4 United Kingdom (UK) HVDC Converter Station Market Revenues & Volume, By Harmonic Filter, 2021-2031F |
6.3.5 United Kingdom (UK) HVDC Converter Station Market Revenues & Volume, By Reactor, 2021-2031F |
7 United Kingdom (UK) HVDC Converter Station Market Import-Export Trade Statistics |
7.1 United Kingdom (UK) HVDC Converter Station Market Export to Major Countries |
7.2 United Kingdom (UK) HVDC Converter Station Market Imports from Major Countries |
8 United Kingdom (UK) HVDC Converter Station Market Key Performance Indicators |
9 United Kingdom (UK) HVDC Converter Station Market - Opportunity Assessment |
9.1 United Kingdom (UK) HVDC Converter Station Market Opportunity Assessment, By Configuration, 2021 & 2031F |
9.2 United Kingdom (UK) HVDC Converter Station Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 United Kingdom (UK) HVDC Converter Station Market Opportunity Assessment, By Component, 2021 & 2031F |
10 United Kingdom (UK) HVDC Converter Station Market - Competitive Landscape |
10.1 United Kingdom (UK) HVDC Converter Station Market Revenue Share, By Companies, 2024 |
10.2 United Kingdom (UK) HVDC Converter Station Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |