IEC 62751-1:2014 sets out the general principles for calculating the power losses in the converter valves of a voltage sourced converter (VSC) for high-voltage direct current (HVDC) applications, independent of the converter topology. Several clauses in the standard can also be used for calculating the power losses in the dynamic braking valves (where used) and as guidance for calculating the power losses of the valves for a STATCOM installation.