Norway’s national power grid company Statnett has acquired a 50 percent stake in the planned NorGer HVDC electricity cable project between Norway and Germany.
The project is designed to link the Norwegian and German electricity transmission grids via an interconnector, bringing mutual benefits to both countries, according to a company press release.
A 600 kilometre-long high voltage, direct current cable (HVDC) with a capacity of 1’400 MW is to be laid on the bed of the North Sea. The intention is to give Norway surplus energy based mainly on wind power, whilst Germany gets access to flexible and clean hydroelectric power at reasonable prices.
On the Norwegian side, the cable will come ashore in the Flekkefjord area in Vest-Agder council district, carrying power to Tonstad in Sirdal municipality via a 70 kilometre-long overhead power line.
In Germany, the cable will come ashore close to Wilhelmshaven on the North Sea coast. Converter stations for coupling to the respective countries’ power grids will also be built.
The venture’s other stakeholders are Lyse, Agder Energi AS, and the European energy trading company EGL, each with 16.67 percent share.
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