Hitachi Energy and HD Hyundai Electric Sign MoU to Support Renewable Energy Transmission in Korea
Hitachi Energy and HD Hyundai Electric have signed a Memorandum of Understanding (MoU) to collaborate on High-Voltage Direct Current (HVDC) projects in South Korea, aiming to strengthen grid reliability and support the integration of renewable energy.
The agreement, signed during the Sweden-Korea Sustainable Partnership Summit, aligns with Korea's Energy Expressway initiative, which is designed to transmit power efficiently to new industrial zones and metropolitan areas.
The partnership will leverage HD Hyundai Electric's local manufacturing capabilities alongside Hitachi Energy's global expertise in HVDC systems. These systems are critical for long-distance electricity transmission, minimizing losses, and maintaining voltage stability across the grid.
Korea targets a fourfold increase in renewable energy capacity to 120 gigawatts (GW) by 2038, underscoring the importance of HVDC technology for efficiently integrating intermittent renewable sources like wind and solar into the national power network.
Hitachi Energy recently commissioned the Wando-Dongjeju #3 HVDC Converter Station, Korea's first Voltage Source Converter (VSC) installation, connecting Jeju Island to the mainland with a 200 MW HVDC link. This project demonstrates how HVDC technology can enhance grid stability and enable reliable transmission of clean energy.
The collaboration represents a combination of global HVDC experience and regional expertise, aiming to support Korea's energy transition while ensuring a secure, resilient, and efficient power system.
Source: hitachienergy.com
