Looking for a specific product?

Make a search for products & suppliers, articles & news.

New power cables to the UK and Germany

Norway's Statnett is ready to begin preparations for the installation of new power cables between Norway and Germany as well as across the North Sea to the UK.

Statnett, the German system operator TenneT and the German national bank KfW are working together on the German project, which they believe can be realised in 2018.

Statnett has also entered into a partnership agreement with the British company National Grid that confirms plans to build a power cable between Norway and the UK. Scheduled for completion in 2020, the cable will be the longest subsea power cable in the world.

- I am very pleased with the opportunities it provides for enabling cross-border electricity trading between Germany and Norway. The companies have found a good solution for both countries. This cable is an important step forward in the good energy cooperation between our two countries, says Ola Borten Moe, Norwegian Minister of Petroleum and Energy.

- Together, the two cables will strengthen the North European electricity grid and the supply security in Norway. The cables will be used for profitable trading of power in that electricity will flow to Norway when prices in Germany and the UK are lower than here. In the same way, we will export when prices are high abroad. We will therefore import when consumption is low in other countries, such as at night, and export during the day. Similarly, we will import when windmills abroad produce at full capacity. When we experience dry years with high prices in Norway, we will import - and vice versa in wet years. Power trading will also help facilitate increased development of renewable energy production in both Norway and Europe, Borten Moe says.

Associated companies:


Related news

Latest news

Historical contract for Norwater AS!

The excitement was at its height at Norwater AS in Høylandsbygd on Wednesday last week. The company signed its biggest contract in history, in strong competition with both Norwegian and foreign competitors. The order book ...

Export Credit Norway Finances Production of Ready-to-use Therapeutic Foods in South Africa

Since being founded in 1948, the Norwegian company GC Rieber Compact has developed into a leading supplier of ready-to-use therapeutic foods to customers such as Doctors Without Borders, the Red Cross, the World Food Progr...

Peru Corporate Day

On 26th September, Oslo Chamber of Commerce will for the first time receive a technological business delegation from Peru to Norway, led by PROMPERÚ.

New contract for delivery of Servogear CPP

The Servogear installation includes CPP propellers,

Join the Access MBA Tour in Oslo

Join the Access MBA Tour in Oslo and connect One-to-One with world’s best business schools. Find your MBA match with the help of our international team of business education experts. 

8.3 GW of Solar PV managed by GreenPowerMonitor including 10 projects larger than 100 MW

The highlighted PV plants, each over 100 MW in scale, total more than 1.7 GW across the globe. 

BP’s Glen Lyon FPSO classed by DNV GL

The classification scope covers the essential elements of the marine vessel,

Yang Ming implements ECO Insight

We are always active in finding solutions that can save energy and improve our fleet’s performance.

Stockholm Public Transport gets its first FRP installation

This summer SL (Stockholm Public Transport) started renovating their railroads and railwaytunnels on Saltsjöbanan,