High-voltage direct current (HVDC) is used to transmit large amounts of power over long distances or for interconnections between asynchronous grids. When electrical energy is to be transmitted over very long distances, the power lost in AC transmission becomes appreciable and it is less expensive to use direct current instead of alternating current. For a very long transmission line, these lower losses (and reduced construction cost of a DC line) can offset the additional cost of the required converter stations at each end.