High-voltage direct current (HVDC) is a commonly used technology for long-distance electric power transmission, mainly due to its low resistive losses. In this paper a distributed controller for multi-terminal high-voltage direct current (MTDC) transmission systems is considered. Sufficient conditions for when the proposed controller renders the closed-loop system asymptotically stable are provided. Provided that the closed loop system is asymptotically stable, it is shown that in steady-state a weighted average of the deviations from the nominal voltages is zero. Furthermore, a quadratic cost of the current injections is minimized asymptotically.
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