Extra High Voltage Transmission Systems Market - Global Industry Analysis, Size, Share, Trends, Growth and Forecast 2014 – 2020

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Date Submitted: 07/31/2014 05:40 AM

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Transparency Market Research Reports incorporated a definite business overview and investigation inclines on “Extra High Voltage Transmission Systems Market”. This report likewise incorporates more illumination about fundamental review of the business including definitions, requisitions and worldwide business sector industry structure. Growing power demand coupled with rising concerns over curbing transmission related losses are likely to boost the demand for Extra High Voltage (EHV) transmission systems in the future. The exact voltage requirement for qualifying as an EHV transmission system varies regionally; however in most regions the 765 KV voltage class is considered as EHV. With increasingly stringent emission regulations being implemented around the world, there are multiple clearances required by generating companies before constructing a power plant. In most cases large power plants are located very far away from actual demand centers and kept closer to the fuel supply center. This inevitably results in the requirement for large quantities of power to be transmitted over long distances to the actual demand centers. This is one of the key demand drivers for the EHV transmission systems market. When power is transmitted through long distances, it generally results in heavy power losses with only a fraction of the original generation reaching the end user. With depleting fossil fuel reserves and growing concerns over energy security, it is imperative to reduce any form of power wastage to a minimum. EHV transmission systems go a long way in ensuring this.

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For reducing power losses, it is always better to increase voltage rather than current intensity. EHV transmission systems also allow larger volumes of power to be transported from one place to another. Large power utilities around the world are increasingly opting for large scale EHV...