Smart Wires’ new project will use modular power flow control technology, SmartValve, to resolve grid congestion and strengthen security of supply in an area of Central America, thereby helping the system operator, consumers, businesses and electricity market participants in 2024.
The project to be completed by 2024 marks the first series-connected FACTS deployment in Central America.
Overloads on several transmission circuits were projected to limit power flows nationally and across the interconnected power grids of the six countries in Central America (SIEPAC).
SmartValve was selected as a preferred network reinforcement option as it can quickly and cost-effectively resolve overloads to unlock capacity on the existing grid and strengthen security of supply.
“The project builds on the strong global momentum of utilities using modular power flow control to get the most out of their transmission systems and ultimately transform their grids,” said Jessica Joyce, Smart Wires Chief Commercial Officer.
SmartValve will create successful series–connected FACTS (Flexible Alternating Current Transmission Systems) by providing a modular, digital, and future-proofed technology. The technology is used by system operators in Australia, Europe, the U.S. and Colombia.