As the industry continues to face a market deemed as the most severe downturn in decades and prices having fallen more than 50% since 2014, cost-efficient subsea technologies vital to survival, such as electric actuation, are being actively explored. Some of the methods proposed for cost reduction are simplification; standardization; increased efficiency of marine operations; reduced cost of inspection, maintenance, and repair; and lean subsea concepts. One specific subsea technology that addresses each of these areas is all-electric subsea actuation technology.