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Prysmian Group has been awarded a contract worth approximately €1.
2 billion from NeuConnect British Limited and NeuConnect Deutschland GmbH to design, manufacture, install, test and commission a 725-kilometre submarine cable system
.
It is reported that this is the first submarine high-voltage direct current cable system NeuConnect that directly connects the German and British power grids, with a transmission capacity of 1400 MW
.
The system will be used to connect Europe's two largest energy markets and promote the efficient use and integration
of renewable energy generation resources in both countries.
The NeuConnect submarine cable project is a privately financed project
developed by a number of international investors, including Meridiam, Allianz Capital Partners and Kansai Electric Power.
"When completed in the next few years, NeuConnect will become a global large-scale grid interconnection system," said Hakan Ozmen, Prysmian Group Executive Vice President, "In addition, it is one of the first submarine grid interconnection systems to be financed through a project financing arrangement, demonstrating that the major infrastructure projects needed to achieve Europe's sustainable energy goals are backed
by private investment.
" ”
The project will provide a cable connection along a route between the British converter stations at Grain Island, Kent, UK, via British, Dutch and German waters to the landing site in Lower Saxony, Germany, to connect the converter station
near Wilhelmshaven.
The NeuConnect project will provide major energy transmission infrastructure, which will contribute to the broader European goal of increasing an economically beneficial, sustainable and secure electricity supply
.
Prysmian will supply a complete cable system operating at ±525kV HVDC using a large number of impregnated (MI) paper insulated cables, including fibre optic cables on land and selected subsea sections, complemented by a state-of-the-art cable monitoring system to support monitoring, maintenance and service
provided under warranty.
The submarine and terrestrial cables will be manufactured
at Prysmian's Centre of Excellence at Arco Filice's plant near Naples, Italy.
The offshore installation activities will involve three of the Group's own cable-laying vessels, including Leonardo da Vinci, Cable Enterprise and Ulisse
.
Commissioning of the project is planned for
2025.
Prysmian Group has been awarded a contract worth approximately €1.
2 billion from NeuConnect British Limited and NeuConnect Deutschland GmbH to design, manufacture, install, test and commission a 725-kilometre submarine cable system
.
It is reported that this is the first submarine high-voltage direct current cable system NeuConnect that directly connects the German and British power grids, with a transmission capacity of 1400 MW
.
The system will be used to connect Europe's two largest energy markets and promote the efficient use and integration
of renewable energy generation resources in both countries.
The NeuConnect submarine cable project is a privately financed project
developed by a number of international investors, including Meridiam, Allianz Capital Partners and Kansai Electric Power.
"When completed in the next few years, NeuConnect will become a global large-scale grid interconnection system," said Hakan Ozmen, Prysmian Group Executive Vice President, "In addition, it is one of the first submarine grid interconnection systems to be financed through a project financing arrangement, demonstrating that the major infrastructure projects needed to achieve Europe's sustainable energy goals are backed
by private investment.
" ”
The project will provide a cable connection along a route between the British converter stations at Grain Island, Kent, UK, via British, Dutch and German waters to the landing site in Lower Saxony, Germany, to connect the converter station
near Wilhelmshaven.
The NeuConnect project will provide major energy transmission infrastructure, which will contribute to the broader European goal of increasing an economically beneficial, sustainable and secure electricity supply
.
Prysmian will supply a complete cable system operating at ±525kV HVDC using a large number of impregnated (MI) paper insulated cables, including fibre optic cables on land and selected subsea sections, complemented by a state-of-the-art cable monitoring system to support monitoring, maintenance and service
provided under warranty.
The submarine and terrestrial cables will be manufactured
at Prysmian's Centre of Excellence at Arco Filice's plant near Naples, Italy.
The offshore installation activities will involve three of the Group's own cable-laying vessels, including Leonardo da Vinci, Cable Enterprise and Ulisse
.
Commissioning of the project is planned for
2025.
