# HVDC links and Offshore wind

Energy flows from offshore wind to HVDC links; their prices have moved together.

Source page: https://www.materialinsights.org/links/hvdc-links-and-offshore-wind/

[HVDC links](https://www.materialinsights.org/energy/e_hvdc/) (energy) and [Offshore wind](https://www.materialinsights.org/energy/e_offshore_wind/) (energy): 2 relationships.

## How they are linked

### 1. Energy flow

*Physical flow · 10% of flow · Offshore wind → HVDC links*

Distant offshore farms use DC links to cut losses over long distances.

- **10%** of Offshore wind's energy goes this way

### 2. Price link: demand driver

*Cost and price · Moderate · Both ways*

Distant offshore wind farms need HVDC export links, so offshore build-out drives orders for converters and cable. Both depend on the same scarce factory capacity, which has pushed up prices and lengthened delivery times.

- **0.14** monthly change correlation
- **0.35** 12-month change correlation
- **2.63** fitted elasticity

Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.