Will the offshore wind market envisage a breakthrough for HVDC grid connections? - CARNEADES
In the past HVDC connections of offshore wind farms were typically common in German (or Chinese) waters, with big and heavy platforms, voluminous equipment and all together a high CAPEX. The market was dominated by TSOs only and their regulatory obligation to connect offshore wind to the grid on time but not necessarily on an ambitious budget. Meanwhile, the latest projects outside Germany tend to have a greater distance to the shore and developers like Ørsted, RWE and Vattenfall have also entered the HVDC market and have begun to break up the closed shop. At the same time TSOs were asked to reduce the LCoE so that TenneT has reported a CAPEX drop of 15% for the latest grid connection on Dolwin6.https://carneades.com/projectservices/2020/11/24/will-the-offshore-wind-market-envisage-a-breakthrough-for-hvdc-grid-connections/