Internet cables under the ocean and future market

     On the endless sea, there are huge windmills. As the blades turn, clean and environmentally friendly electricity is continuously sent to the mainland. Such a scene may sound sci-fi, but it has become an important source of new energy in reality.

     As terrestrial high-quality wind energy resources are limited, and most of them are located in mountainous areas, deployment is difficult. As a future development trend, offshore wind power is really accelerating the construction.

     In order to get the electricity price of 0.85 yuan/kWh before 2021, large-scale offshore wind power projects have been started one after another. So far, the scale of construction has reached 7.5GW.

     In addition to the subsea infrastructure, the construction cost of offshore wind farms mainly includes submarine cables, offshore substations and power transmission channels.

     According to forecasts by international organizations, in the next 5 years, the annual growth rate of the submarine power cable market will exceed 4%, and the total length of submarine cables will reach 16,350km. These projects come from hundreds of newly built offshore wind farms around the world, mainly in the United Kingdom, Germany, and Germany. China and the United States.

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