Building the Backbone of the Global Energy Transition: COP29’s Transmission Pledge (T&D World)
Although not explicit in the COP29 pledges, the nature of the transmission grid and the necessity of transporting bulk power long distances across borders and doing so cost-effectively and efficiently places considerable emphasis on HVDC technology.
However, while recognizing the need for infrastructure investment is an important first step, achieving the objectives becomes far more challenging considering the demand for HVDC equipment and the growing backlog of orders.