Global Gas Insulated Substation Market 2021 (Includes Business Impact of COVID-19)

                                          
Report updated on 11th September, 2021: Global Gas Insulated Substation Market 2021 (Includes Business Impact of COVID-19)
Global Gas Insulated Substation Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2030 is a recent report generated by Trusted Business Insights. The global gas insulated substation market report has been segmented on the basis of voltage type, installation, end user, and region. Global Gas Insulated Substation Market: Overview Gas insulated substation use a dielectric gas at a moderate pressure in order to insulate phase-to-phase and phase-to-ground. It requires less space than the air insulated substation and offers other advantages such as less sensitive to pollution. It is widely used for various applications such as utility solutions, energy storage, smart grid and urban substations, data center electrification and others.

The global Gas Insulated Substation market size was valued at USD$17.03 billion in 2020 and is projected to reach USD $72.75 billion by 2030, and is anticipated to expand at a CAGR of 9.34% over the forecast period from 2020 to 2030.


Global Gas Insulated Substation Market: Dynamics


Rising demand for high voltage gas insulated substation in transmission & distribution sector owing to development of power infrastructure, is a major factor expected to drive growth of the global gas insulated substation market over the forecast period. In addition, increasing demand for gas insulated substation owing to rapid industrialization coupled with developing residential and commercial infrastructure, is another factor estimated to fuel growth of the target market in the next coming years. Moreover, increasing investments for power generation plants and refurbishment of aged transmission infrastructure in developed countries such as US and others, are among some factors anticipated to bolster growth of the potential market over the forecast period.

However, high cost of equipment is among the factors which may hamper demand for gas insulated substation and restrain growth of the target market over the forecast period. In addition, stringent rules and regulations pertaining to environment and safety is a challenge that may affect demand for gas insulated substation in the next coming years.

Increasing R&D for innovation of an eco-friendly alternative to sulfur hexafluoride gas and rising adoption of high voltage direct current technology, is a factor expected to create a lucrative opportunity for growth of the target market over the forecast period.


Global Gas Insulated Substation Market: Segment Analysis


On the basis of voltage type, the high voltage segment is expected to hold major revenue share in the target market, owing to its reliability for grid infrastructure. Among installation, the outdoor segment is estimated to account for significant revenue share in the target market. Among end user, the power transmission utility segment is anticipated to register major revenue share in the target market over the forecast period.


Global Gas Insulated Substation Market: Regional Analysis


The gas insulated substation market in North America accounts for major share in terms of revenue in the target market and is expected to maintain its dominance over the forecast period. Rising energy demand and increasing investments by government in transmission and distribution network infrastructure in countries in the region is expected drive revenue growth of target gas insulated substation market over the forecast period. The market in the Asia Pacific is projected to witness fastest growth rate in the target market in the next coming years. China and India are anticipated to register for considerable share in terms of revenue which in turn support revenue growth of target market in the region. Europe is estimated to account for significant share in terms of revenue in the target market over the forecast period. Middle East and Africa gas insulated substation market is projected to witness moderate revenue growth in the target market over the forecast period.


Below are the active patents related to Gas Insulated Substation Market.


Patent number: US7903394B2

Gas-insulated switchgear

Abstract

In a gas-insulated switchgear provided with three-phase main bus bars consisting of single-phase bus bars arranged in parallel with one another and three-phase circuit breakers that are arranged in parallel with one another in a direction perpendicular to the main bus bar and each have two connecting terminals that are spaced a predetermined distance apart from each other, the main bus bars are arranged between two connecting terminals of each of the circuit breakers

Application File Date: 2006-12-21

Application Granted Date: 2011-03-08

Current Assignee: Mitsubishi Electric Corp

Patent number: US20160241004A1

Gas-insulated medium or high-voltage electrical apparatus including carbon dioxide, oxygen, and heptafluoro-isobutyronitrile

Abstract

The present invention provides medium- or high-voltage equipment including a leaktight enclosure in which there are located electrical components and a gas mixture for providing electrical insulation and/or for extinguishing electric arcs that are likely to occur in said enclosure, the gas mixture comprising heptafluoroisobutyronitrile, carbon dioxide, and oxygen in small quantities. Electrical components covered in a solid dielectric layer of varying thickness are located inside said leaktight enclosure of the equipment of the invention.

Application File Date: 2014-09-17

Application Granted Date: 2017-12-05

Current Assignee: General Electric Technology GmbH

Global Gas Insulated Substation Market Segmentation:

Segmentation on the Basis of Voltage Type:

  
Medium Voltage
  
High Voltage
  
Extra-high Voltage

Segmentation on the Basis of Installation:

  
Indoor
  
Outdoor

Segmentation on the Basis of End User:

  
Power Transmission Utility
  
Power Distribution Utility
  
Power Generation Utility

Companies covered

  
ABB (Switzerland)
  
Alstom S.A
  
Crompton Greaves (India)
  
Fuji Electric Co. Ltd (Japan)
  
General Electric (US)
  
Hitachi Ltd. (Japan)
  
Hyosung Corporation (South Korea)
  
Hyundai Heavy Industries (South Korea)
  
L&T (India)
  
Larsen & Toubro (India)
  
Mitsubishi Electric Company (Japan)
  
Nissin Electric Co. Ltd.
  
Schneider Electric (France)
  
Siemens (Germany)
  
Siemens AG (Germany)
  
Toshiba Corporation (Japan)


Below are the key development related to Gas Insulated Substation Market in 2020 and 2021.


July 2021: Nuventura, E.DIS Collaborate on Commercial Demonstration Project in Germany Companies complete first commercial installation of Nuventuras Nu1 medium-voltage GIS. Berlin-based deep tech company Nuventura is collaborating with grid operator E.DIS on a commercial demonstration project in Ketzin, Brandenburg, Germany. Together the companies have completed the first commercial installation of Nuventuras Nu1 medium-voltage gas-insulated switchgear (GIS). Nu1 is a fully certified (type-tested) GIS for primary distribution grids, which uses dry air as an electrical insulating medium instead of SF6. The pilot project will also test the IoT solution provided by Nuventura, which aims to improve switchgear asset management through real-time monitoring. Source

February 2021: Linxon wins German substation order. Linxon has been selected to supply a 380-kilovolt (kV) Gas Insulated Switchgear (GIS) substation for the German transmission system operator TransnetBW in the town of Bühl, southwestern Germany. For this project, Linxon will design, supply, install and commission a 380 kV GIS substation to replace an existing 220 kV substation, which it will dismantle as part of the contract once the new GIS equipment has been put into operation. The upgrade includes 4 new GIS bays, double-busbar, control and protection systems, substation automation, measurement and telecommunication systems, new auxiliary supplies, 2 x 20 kV compact stations, a 110 kV cable connection between 380/110 kV transformers and an existing 110 kV substation as well as all buildings, infrastructure and roads. The new installation will be equipped with Hitachi ABB Power Grids’ gas-insulated switchgear (GIS) technology that offers outstanding reliability and can be safely operated in confined spaces. The ELK-3 GIS supplies reliable power up to a rated voltage of 420 kV. Using a high-performance design with standardized dimensions, the ELK-3 GIS is ideal for optimal substation layout with reduced footprint and exceptional operation. Source

December 2020: GE win contract for green gas-insulated substation. SSEN Transmission have announced that it has awarded a contract to GE Renewable Energy (GE)’s Grid Solutions business to manufacture, deliver and commission a 420 kV Green Gas for Grid (g3) gas-insulated substation at its new Kintore 400 kV substation in Aberdeenshire, on the north-east coast of Scotland.This contract will support SSEN Transmission in moving a step closer to reaching its carbon reduction targets by building the transmission infrastructure necessary to connect and transport renewable energy, while avoiding the addition of approximately 350 000 t of CO2 equivalent to the grid. The 420 kV g3 circuit breaker at the core of the substation is being co-funded over a two-year period by the EU’s LIFE programme, which is dedicated to climate change. SSEN Transmission joined GE’s LifeGRID project earlier this year to contribute to the specification of the circuit breaker’s main performance requirements. GE’s g3 technology is an alternative to sulphur hexafluoride (SF6), an insulating and switching gas that has been used for decades in high-voltage substation equipment. Identified as one of the world’s most potent greenhouse gas by the 1997 Kyoto Protocol, SF6 is estimated to contribute 23 500 times more emissions than CO2, if leaked, and can remain in the atmosphere for up to 3200 years. While SSEN Transmission’s material contribution to action against climate change is enabling the transition to a low carbon economy, the Scottish utility is also determined to tackle its own emissions. The company has set an ambitious goal to cut its greenhouse gas emissions by one third by 2026, making it one of the world’s first electricity networks company to receive external accreditation for a Science Based Target in line with a 1.5°C global warming pathway. Source

March 2021: GE wins order to upgrade Gas-Insulated Substations in Nepal. GE Renewable Energys Grid Solutions business has announced that it has been awarded a multi-million dollar contract to upgrade three Gas-Insulted Substations in Khimti, Barhabise and Lapsiphedi in Nepal.Issuing a press statement the company said it has been awarded to construct three 400 kilo volt (KV) Gas-Insulated Substations (GIS) by the state-owned Nepal Electricity Authority (NEA). The three GIS that GE will upgrade from 220 KV to 400 KV are a critical part of Nepals South Asia Sub-regional Economic Cooperation (SASEC) Power Transmission and Distribution Project. Source