A significant development took place recently as private companies in India and Saudi Arabia signed over two dozen agreements on various subjects. One particular agreement of interest is the establishment of a High Voltage Direct Current (HVDC) undersea line. This line will enable power transmission in both directions between the two countries and potentially other nations in the future as additional lines are built. The collaborative effort signifies a regional initiative to bolster economic growth. Although there are conflicting reports about whether the agreement is between governments or private companies, the aim remains the same – to foster cooperation.
A friend informed me about this news and requested an article on the topic.
The Role of HVDC Transmission Lines in Power Transport
Previous articles have extensively discussed the utilization of HVDC transmission lines to facilitate the movement of power across regions, similar to the function of oil or gas pipelines. Here are a few key aspects to consider:
- Saudi Arabia’s Recognition of the Changing Energy Landscape: This agreement marks a significant milestone for Saudi Arabia, a nation that has heavily relied on revenue from fossil fuels. The country’s leadership acknowledges that renewable energy sources are becoming increasingly cost-effective, while fossil fuel prices are subject to volatility. Additionally, they are aware of the global shift towards reducing pollution and carbon emissions.
- India’s Transition Towards Renewable Energy: India, known for its rapid economic growth fueledby fossil fuels, is also experiencing a change in perspective. The country is realizing the economic advantages of renewable energy as its costs continue to decline. Moreover, public sentiment is increasingly against pollution and carbon emissions.
