Electric.ie November/December 2023

ELECTRIC.IE • The Magazine & Website for the Irish Electrical Industry • 47 Industry News Hitachi Energy passes 150 GW in HVDC links integrated into the power system, expands capacity to meet accelerating energy transition demand Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, recently announced that it has enabled more than 150-gigawatts (GW) of high-voltage direct current (HVDC) links around the world integrated into the power system – suf cient to meet the peak power demand for Japan. The announcement follows the delivery of the rst power from Dogger Bank, the world's largest offshore wind development, via the UK’s rst-time use of HVDC technology on a wind farm. The company has consistently expanded its capacity to meet accelerating demand driven by the clean energy transition. Since 2020, when Hitachi began its strategic investment, Hitachi Energy has increased its workforce by more than 8,000. Within the same period, the company also invested $3 billion in manufacturing and engineering footprint, and Research & Development (R&D), expanding collaboration and driving the company to become the strategic partner throughout the customers' entire life cycle. "Electricity will be the backbone of the entire energy system and will help to drive the clean energy transition. Today’s announcement shows how we are enabling our customers to accelerate the development of the power grids that energy system requires," said Claudio Facchin, CEO of Hitachi Energy. Investments in the three focus areas of Hitachi Energy 2030 Plan: • Continuously strengthening the power grid core business The company has invested heavily ‒$3 billion investment globally, in manufacturing and engineering footprint, R&D and partnerships. ‒Workforce expansion with more than 8,000 people hired. ‒150 GW of HVDC links integrated into the power system by Hitachi Energy. in expanding capacity and new hires across the globe in Europe, the Middle East and Africa, North and South America, and Asia Paci c. Examples from this year alone are the power quality factory and the global technology and innovation center in India, and the transformer factory in China. In addition, it has recently invested in Sweden, Switzerland, and the US. Investments in R&D Sustainable solutions: EconiQ™ contains no sulfur hexa uoride (SF6) proven to signi cantly reduce carbon footprint throughout the entire life cycle. Next-generation power semiconductors like RoadPak for e-Mobility. Digital technologies like Lumada Asset Performance Management and IdentiQ™ for HVDC and power quality. • Doubling efforts on digital and services and expansion at the edge of the energy system Digitalisation and Service: The new generation of Lumada Asset Performance Management software solution features advantages of Arti cial Intelligence; the acquisition of majority stake in eks Energy, a power conversion technology provider to enhance storage and exibility at the edge of the energy system. exibility at the edge of the energy system. • 3) Innovation, synergies, partnerships, and M&A to accelerate growth Increasingly strong collaborations have led to new business models, framework agreements for capacity reservation, and global standards, allowing for better planning to meet demands. Some key projects enabled by the company’s technologies are Champlain Hudson Power Express, TenneT’s 2GW Program, and Project Lightning, a rst-of-itskind subsea power transmission project. Rapid electri cation of transport, buildings, and industries is increasing the demand for secure, sustainable, and exible electricity globally. The company is committed to continuously strengthening its business toward the forecast of the 2050 energy system; where it sees an installed global power generation capacity of four times today and a transfer of electrical energy, which is three times compared to what it is today.

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