tokyo, december 16, 2014 hitachi and abb · tokyo, december 16, 2014 hitachi and abb new hvdc value...
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© ABB| Slide 1December 16, 2014
Tokyo, December 16, 2014
Hitachi and ABBNew HVDC value proposition for Japanese customers
© ABB| Slide 2December 16, 2014
Evolving Japanese power marketJapanese government’s ‘Amended Electricity Business Act’
Grid reliability and stabilization
Innovation in power systems
Increased need for integration of renewables
Wide area power transmission grids andpotential offshore wind connections
Emerging market drivers
© ABB| Slide 3December 16, 2014
Japan will need to strengthen power gridChallenge: strengthen long distance power transmission
HVDC is key enabling technologyHVDC is key enabling technology
ThermalConven-tionalenergysourcesSolar
Wind
Hydro
50-60Hz
Enhance grid reliability
Renewable energyintegration
Asynchronous connections
50-60Hz reinforcement
More effective energy spotexchange
HVDC
HVDC
© ABB| Slide 4December 16, 2014
Hitachi and ABBTwo complementary players
Together – in an ideal position to bring new HVDC valueproposition to Japanese customers
Together – in an ideal position to bring new HVDC valueproposition to Japanese customers
Strong presence inJapanese market
Sales network
Project managementQuality assurance
Delivery performance
Civil design and EPCexperience
Pioneered HVDC
State-of-the art HVDC andVSC-based technology(HVDC Light)
Domain competence
Unmatched globalexperience
51% 49%
© ABB| Slide 5December 16, 2014
New JV fully in line with ABB’s Next Level strategyHitachi and ABB
Partnership with Hitachi on HVDC technology
HVDC technology
Core components
Software
New HVDC value proposition for Japanese customers
Spirit
Criteria
Complementingpartners Customer value Incremental growth
Fit of offering andcapabilities
Leading players intheir fields Good cultural fit
ABB Next Level strategy
Strong presence in JapanesemarketSales networkProject management qualityassuranceDelivery performanceCivil design and EPCexperience
© ABB| Slide 6December 16, 2014
Why HVDC?A proven technology
Efficient bulk power transmission over longdistancesTransmission technology of choice for largescale renewable integrationHigher transmission capacity/lower capitalcostsSmaller transmission corridorInterconnection of networks on differentfrequenciesGrid interconnections to balance loads andfacilitate power tradingInstant and precise power flow control
Distinct advantages
Stronger, smarter, more flexible gridsStronger, smarter, more flexible grids
© ABB| Slide 7December 16, 2014
Why HVDC Light?Special features make it ideal for many evolving trends
Technology of choice for
§ Offshore wind power integration
§ Cross border interconnections
§ Power supply to islands
§ Shore supply to offshore platforms
§ City center in-feed
§ Embedded DC in AC to strengthen ACnetwork
§ Suited for future DC grid applications
In the 1990’s ABB pioneered a newtype of HVDC technology – HVDC Light
Offshore power and interconnectionsOffshore power and interconnections
© ABB| Slide 8December 16, 2014
ABB pioneered HVDC technology 60 years agoKey milestones
The Gotland linkThe world’s first
commercial HVDClink
HVDC LightThe world’s first
VSC-HVDCinstallation
MurraylinkThe world’s
longestunderground
transmission link
NorNedThe world’s
longest subseaconnection
Xiangjiaba-Shanghai
The world’s first800 kV commercial
UHVDC link
BorWin1The world’s firstHVDC offshorewind connection
Hybrid HVDCBreaker
Solving a 100-yearold technology
puzzle
Extruded HVDCcable system
Record voltage 525kV, the world’s most
powerful – over 2GW capacity
1954 1997 2002 2008 2010 2012 2013 2014
© ABB| Slide 9December 16, 2014
ABB’s unique position in HVDCComplete key technology offering
Integrationof renewables
Converters Semiconductors
In-house manufacturing capability for converters, semiconductors, cables,and all major components in the power value chain
In-house manufacturing capability for converters, semiconductors, cables,and all major components in the power value chain
© ABB| Slide 10December 16, 2014
ABB – the track record of a global leaderSupplied to more than half the world’s 190 HVDC projects
-
Continuous innovation in HVDCClassic
Voltage (kV)Capacity (MW)Distance (km)
1954 Today501090
1,10010,0003,000
Continuous innovation in HVDCLight
Voltage (kV)Capacity (MW)Distance (km)
1999 Today805070
5251,2001,500
ABB’s HVDC Light has delivered 14 of the 15 commissionedHVDC Light type of projects in the world
ABB’s HVDC Light has delivered 14 of the 15 commissionedHVDC Light type of projects in the world
60 HVDC Classic projects since 195420 HVDC upgrades since 199020 HVDC Light projects since 1997
© ABB| Slide 11December 16, 2014
ABB’s global track record of HVDC innovationExamples
World’s longest / highest power capacity –first 800 kV commercial link
China
World’s longest underwater power link
Norway-Netherlands
World’s first offshore platform connectedto shore power
Norway
World’s longest underground cable link
Australia
© ABB| Slide 12December 16, 2014
World record 2014ABB’s new HVDC power transmission cable system
Capacity 1000 MW to 2600 MWVoltage 320kV to 525 kVDistance 1000 km to 1500 km
525 kV voltage sets world record forextruded HVDC cable technology,doubling power flow and extendingrange to enable greater integrationof distant renewables andinterconnections
Enough capacity to power Paris
© ABB| Slide 13December 16, 2014
Innovative solutions for a changing gridIntroducing the world’s first hybrid HVDC breaker
Combines electro-mechanics with powerelectronicsEnables ultrafast interruption while keepinglosses down – capable of interrupting 1gigawatt of power, equivalent to a large powerstationScalable for voltages and currentsEnables isolation of faults on point-to-pointtransmission line§ Continuous operation in SVC mode§ Fast restoration of active power
transmission
Removes a major technical barrierfor DC grids
© ABB| Slide 14December 16, 2014
New Hitachi-ABB HVDC joint ventureSummary
Strengthening of Japanese power grid offers significant opportunities for HVDC
Hitachi and ABB: two players with highly complementary strengths
Joint venture brings together global HVDC technology leadership with strong Japanesepresence
Enables the two partners to bring new HVDC value proposition to Japanese customers
© ABB| Slide 15December 16, 2014