Power cable between Norway and Germany
Statnett has entered into an agreement for the construction of a power cable between Norway and Germany. The project is a key part of the development of the Northern European power grid and the cable is scheduled for completion in 2018.
In 2012 Statnett, transmission system operator TenneT and the German state financial institution KfW signed an agreement for construction of a power cable between Norway and Germany. The new interconnector will promote further integration of the Northern European power market. The project will thus support the ambitions for increased generation of renewable energy in the region and, consequently, the EUs and Norway’s climate and energy objectives.
Furthermore, the new cable will help strengthen security of supply and provide more stable electricity prices in the affected markets, by making the most of the differences in the power systems in Norway and on the Continent.
The cable has a planned capacity of 1 400 MW and is scheduled for completion in 2018. The completion date is based on an assumption that all licences necessary for the project are granted according to schedule, and that the suppliers are able to supply sufficient capacity in the relevant markets.