PROMOTioN – executive summary of the interim report

In PROMOTioN, the technical and operational requirements for meshed HVDC networks are developed to a deeper and realistic level of detail, and the key technical choices to be made are identified and supported. The technology maturity of key components, such as DC circuit breakers and DC protection schemes, is demonstrated, and recommendations for standardization, improving both technology and vendor interoperability, are provided. Current member state and EU level regulations and methodologies for cost-benefit analysis concerning the development of transnational transmission infrastructure are analysed to identify hurdles towards the implementation of a meshed offshore HVDC network. Based on this, changes are proposed to the existing EU financial and regulatory frameworks, to foster a healthy investment climate.