A Study on the Market Status of HVDC and the Industrial Ecosystem for the Development of Domestic Industries

Stable power supply based on the efficiency and reliability of the power system is emerging as a more important task due to the introduction of various power sources, the spread of distributed energy systems, and the increase in power system complexity in line with the global energy transition and the changing times of decarbonization. This is why the necessity of introducing the HVDC transmission method, which enables active and flexible operation of the power system, is increasing in connection with the existing AC transmission method. Therefore, this paper analyzes the current status of the HVDC market and key elements of the HVDC industry ecosystem, and seeks the domestic response and development direction of the HVDC industry in the future.