“…In recent years, several MMC‐HVDC projects (e.g. Trans Bay Cable project, Zhejiang Zhoushan five‐terminal MMC‐HVDC project, Zhangbei four‐terminal MMC‐HVDC project, and North Sea link project) have been in operation or under construction, and MMC‐based MTDC has become an important trend for the future development of smart grids and the global energy interconnection [5–9].…”