ABB Selected to Upgrade Quebec Grid to Boost Renewables Integration in Canada
Canada: Global technology company
in power and automation, ABB, won an order to upgrade 800kV air-insulated
switchgear substations and transmission grid of Canadian Utility Hydro-Quebec
with new circuit breakers, power transformers and shunt reactors. The order is
worth USD85 million. Under the project, the company has to design, deliver and
commission new circuit breakers with polymeric insulators. The company is also
obliged to design, manufacture and deliver 450MVA autotransformers and 735 kV
shunt reactors.
TechSci Research depicts that these technologies would help in renewable
integration, deliver additional power and improve the electricity transfer over
long distances. With growth in the global population and rise in the power
demand, new infrastructure for power generation, transmission, and distribution
is developed, to fulfil the growing power demand. Adoption of renewable sources
of energy for power generation is in rise and their overall share in the global
energy mix will increase the share of smart transformers as they provide
multiple outputs and work on wide frequency range.
According to a released report of TechSci Research “Global Power and Distribution Transformers
Market Forecast & Opportunities, 2020”, power and distribution
transformers market globally is projected to register a CAGR of 5.7% during
2015-20. The market for power transformers had the largest market share by
value in 2014 and is forecasted to have around 60% of the total market share in
power and distribution transformers market in 2020. The market is expected to
witness tremendous growth on account of rising government projects, for power
generation through various conventional sources of energy like coal, oil and
gas, integration of renewable energy to the existing grid, and replacement of
aging power infrastructure.