EduBourseActualitésABB wins $75 million power order in Canada

ABB wins $75 million power order in Canada

Power equipment to strengthen power grid in the Montreal area

Zurich, Switzerland, Nov. 12, 2009 – ABB, the leading power and automation technology group, has won an order worth $75 million from Hydro-Québec for static VAr compensators (SVCs) – equipment which enables quick responses to electrical disturbances in the grid and contributes to restoring its stability.
The installation of two SVCs on the 735 kilovolt network at the Chénier substation, west of Montreal, will be the world’s largest by capacity (with a total 1,200 megavolt-amperes reactive). The turnkey project for Hydro-Québec, the largest electric utilities in Canada, is due to be completed in 2012.

The SVC installation on the power grid contributes both to regulating the voltage of the Montreal metropolitan transmission ring and towards ensuring the stability of the network after disturbances have occurred. SVCs are a part of the FACTS (flexible alternating-current transmission systems) family of technologies that boost the security, capacity and reliability of existing power transmission systems.

“We are delighted to work with Hydro-Québec and contribute to the stability of this important transmission system,” said Peter Leupp, head of ABB’s Power Systems division. “This success further strengthens ABB’s position as the leading supplier of FACTS technologies.”

By using the existing network, FACTS solutions, where they can be applied, reduce the need for capital investment, save time and reduce the complexity associated with construction of new power plants or transmission lines. They also enable more power to reach consumers with minimum impact on the environment. ABB is a global leader in FACTS and has more than 700 installations in operation or under construction around the world.

ABB (www.abb.com) is a leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 120,000 people.

Pierre Perrin-Monlouis
Pierre Perrin-Monlouis
Fondateur de Rente et Patrimoine (cabinet de gestion de patrimoine), Pierre Perrin-Monlouis est un analyste et trader pour compte propre. Il vous fait profiter de son expérience en trading grâce à ses analyses financières et décrypte pour vous les actualités des marchés. Son approche globale des marchés combine à la fois l'analyse technique et l'analyse fondamentale sur l'ensemble des marchés : crypto, forex, actions et matières premières.
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