HVDC (high-voltage direct current) technology is an efficient solution for transmitting large amounts of electricity over long distances with improved power quality and reduced energy losses compared to AC systems. It utilizes converter stations to switch between AC and DC, enabling greater reliability and flexibility in power flow while being more economical for distances over 700 km. However, HVDC systems have disadvantages, including high initial costs and reliance on specialized equipment, making them less standardized than AC systems.