Since September, Europe has experienced the explosion of the Nord Stream pipeline, the breakage of the Norwegian submarine cable, and the deliberate cutting of the German railroad cable. On October 20, the UK’s submarine cable connecting the Shetland Islands and Scotland was sabotaged, leaving the Shetland Islands virtually cut off from the outside world. At the same time, the submarine cable in southern France also suffered a failure, affecting three major communication lines.
NEWS
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Broken Cable On The Norwegian Seabed Sends a Dangerous Signal
The Danish Energy Agency confirmed on September 27 that the Nord Stream I and Nord Stream II gas pipelines in the sea of Denmark have leaked. It urgently called for increased vigilance in the electricity and gas sectors.
Then, according to news reports, on October 4, the Norwegian radio and television company reported that the submarine cable from Lofoten to Svorval had broken due to a problem.
The break occurred 500 meters east of Hunningsvale.
Warning! Soaring Fiber Optic Cable Prices Face Shortage Crisis
According to a report in the Financial Times (FT.com), market intelligence firm Cru Group recently revealed. A global shortage of fiber optic cables has pushed up product prices and extended lead times for supply. Overshadowing ambitious industry plans for advanced telecommunications infrastructure.
Global Smart Grid Market to Grow at a CAGR of 19.1% from 2021-26
Global Smart Grid Project Market To Grow Significantly
International market research firm Markets and Markets has released a report stating that the global smart grid market is expected to grow from $43.1 billion in 2021 to $103.4 billion in 2026, at a compound annual growth rate of 19.1% during the period.
Offshore Wind Power Development: Great! But It’s Hard!
Prysmian Wins €800 Million Order to Connect Offshore Wind Farms to The Onshore Grid
Offshore wind power has been one of the hottest topics in recent years. As a new mode of power generation that is gradually emerging, it will also be faced with various opportunities and challenges.
The Prysmian Group is known to have been awarded two major contracts worth a total of more than 800 million euros.
These include one signed by Amprion Offshore GmbH, a subsidiary of the German transmission system operator Amprion, for the design, supply, installation, and commissioning of onshore and submarine cables for the grid-connected systems of two offshore wind farms in the German North Sea. Namely DolWin4 and BorWin4.
Global High Voltage DC Transmission Market to Grow at a CAGR of 8.6% from 2022-2030
Global High Voltage DC Market to Grow Rapidly
According to a comprehensive research report by Market Research Future (MRFR), the global high-voltage DC transmission market is set to grow at a CAGR of 8.6% from 2022-2030.
The rapid expansion of offshore wind power and the growing electricity demand are the major factors contributing to the growth of this market. The market for high-voltage DC transmission systems is expected to grow as more and more offshore wind power projects are being installed. Offshore wind energy can generate large amounts of electricity, which can then be distributed to areas with high electricity demand.
9 Consecutive Hours! World’s First 35kv Superconducting Cable Completes Large Load Test
State Grid Electric Power Company Conducts a Large Load Test on Superconducting Cables
On July 29, the State Grid Shanghai Electric Power Company organized relevant units belonging to the company to carry out a large-load test of superconducting power cables, which initially verified the ability of superconducting cables to operate with large loads by operating at large loads of more than 1000A for nine consecutive hours and a maximum of 1289A.
Global Structured Cabling Market to Grow at a CAGR of 5.1% from 2022-27
Growth Forecast For The Global Structured Cabling Market
According to a new report published by international market research firm Markets and Markets, the global structured cabling market is expected to increase from USD 11.7 billion in 2022 to USD 15 billion by 2027, growing at a CAGR of 5.1% during the period.
Egypt-Israel-Greece Transmission Project Regains Favor in Bid to Break Free of Energy Dependence on Russia
Plans for a Transmission Project to Greece are Gaining Traction
A plan for a transmission project to bring electricity from Egypt and Israel to Greece is getting a new boost as Europe seeks to reduce its dependence on Russian energy.
Size Forecast to Exceed USD 48 Billion in 2022-2028
Robust Growth for Global Transmission Lines and Towers
The global power transmission lines and transmission towers industry is expected to grow at a solid pace over the next six years, with its market size expected to exceed $48 billion by 2028, according to a new report from Global Marketing Insights.