The 2017 award is given for the work on Method for Loss Minimization in Long High Voltage Alternating Current (HVAC) Export Cables for Offshore Wind Farms.
The innovation does not require development of new equipment or large investments, but is a new way of operating the cable that will reduce losses. It can be implemented at existing at existing long AC transmission systems, or to new systems.
The potential net present social economic value of implementing the innovation is EUR 50 – 500 million.
This movie and cartoon explains the innovation, for full details see blog.
The innovation is fully developed by SINTEF Energy Research through work carried out as part of NOWITECH. NOWITECH is co-financed by the Research Council of Norway, industry and research partners.
SINTEF has in agreement with the NOWITECH partners published the method, so it can be developed further.