Subsea Power Cables Market 2020 Trend By Products And End Users, Forecast Till 2026
The first subsea cable to carry electricity was laid across Isar River in Bavaria during 1811. Since then subsea power cables have been evolved significantly through development in technology, design and ever-increasing demand for electricity. In a recent period, an offshore wind farm has gain momentum for the production of renewable energy to combat rising serious threats to environmental pollution due to the extensive use of fossil fuels. With the growing reliance on offshore-based renewable energy, many countries are focussing on the infrastructure of subsea power cables. It plays a critical role in interconnecting different regional electrical transmission networks to allow global trading of energy. Subsea power cables not only help in transmitting power from energy sources to consumers but also supply the electricity in remote areas. The cables are laid down under the water to carry electricity or signals over a long distance. Nowadays, subsea cables are extensively utilized ...
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