ABB wins $60 million order in Canada to strengthen power grid
As part of the order, ABB will upgrade two Static Var Compensators (SVC) located at the Albanel substation, about 500 kilometers north of Montreal, that provide fast-acting reactive power compensation for the 735 kilovolt electricity network. The upgrades are scheduled to be completed by 2016.
"This upgrade will significantly extend the life of the SVCs and substantially reduce electrical losses" said Claudio Facchin, head of ABB's Power Systems division. "ABB is a global leader when it comes to FACTS solutions with an extensive global installed base and we are delighted to work with Hydro Quebec on this project."
SVCs are part of ABB's family of FACTS (flexible alternating current transmission systems) technologies, which help enhance the capacity and flexibility of power transmission systems and contribute to the evolution of smarter grids. They compensate for fluctuations in the voltage and current of an electric grid, thereby allowing more power to flow through the network while maintaining network safety and stability.
FACTS solutions allow more power to reach consumers through the existing transmission network. This results in lower investment costs and shorter implementation times than the traditional alternative of building new power plants and transmission lines, with the added benefit of minimizing environmental impact. They also help address voltage and frequency stability issues and enable the transmission system to run more efficiently. ABB is a global leader in the growing field of FACTS, and has delivered more than 800 such installations across the world.
Hydro-Québec generates, transmits and distributes electricity. Its sole shareholder is the Québec government. It uses mainly renewable generating options, in particular hydropower, and supports the development of other technologies-such as wind energy and biomass-through purchases from independent power producers. It also conducts R&D in energy-related fields, including energy efficiency.
For help with any technical terms in this release, please go to: www.abb.com/glossary
ABB (www.abb.com) is a leader in power and automation technologies that enable utility and industry customers to improve their performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 150,000 people.
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