27 Mar '14, 2pm

Germany’s $2.8 Billion Power Link With Norway Threatened

Germany’s $2.8 Billion Power Link With Norway Threatened

Plans to build the 387-mile-long cable costing as much as 2 billion euros ($2.8 billion) are at risk because Norway’s state- owned Statnett SF is worried that the project won’t be profitable. Norway wants assurances from the German government that the works dubbed Nordlink will be part of a future capacity market that pays for backup power. “We have been able to discuss this matter with German authorities on several occasions and we have made it clear that it is of great importance for the profitability of the cable project to be included in a future capacity market,” Christer Gilje, a spokesman for Statnett, said yesterday. The cable would be the first direct power link between the nations, running from Tonstad in southern Norway to Wilster in northern Germany. It would have the capacity to transmit 1.4 gigawatts of power starting in 2018 and would allow Norway to export ...

Full article: http://www.renewableenergyworld.com/rea/news/article/2014...

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