The European Investment Bank (European Bank) has approved a request to provide 400 million euros for the project to be built this year, and the total amount planned may reach 2.8 billion euros. For the infrastructure construction business, EBB is actually behind the agreement for a consortium of 20 lenders (including French investor Meridiam, Allianz Capital Partners and Japan’s Kansai Electric Power).
The current high-voltage connection between Germany and the UK means new energy opportunities and a mutual increase in security between the island nation and European power grids. The submarine cable laying mostly covers a distance of 725 kilometers, and the 525V transient cable can carry 1.4 gigawatts of power.
Such as It is written by PV Magazine: located in Fedderwarden, Lower Saxony he did You will connect the transformer station operated by National Grid to the UK network operated by National Grid via the transformer station on Grain Island. this is the last German Siemens Concern will deliver, the cable will be delivered by prismian It will be built by a cable manufacturing company. According to the World Bank, construction work on the project will start at the end of this year and could be completed in 2028.
wind turbines back and forth
According to the agreement between Tennet and National Grid in 2020, the Dutch and British wind farms – Simultaneously up to 4 gigawatts (GW) of wind turbines – the so-called connected to the power systems of both countries via interconnections. The first component of this can be distinguished by investing starting now.