Prysmian Group has been awarded a contract worth around EUR1.2 billion (US$1.3 billion) by NeuConnect Britain Limited and NeuConnect Deutschland GmbH for the turn-key design, manufacturing, installation, testing and commissioning of a 725 kilometer submarine interconnector that will directly link the German and UK electricity grids for the first time. This 1400 MW submarine and land cable system will connect two of Europe’s largest energy markets, promoting the efficient use and integration of renewable energy generation resources in both Germany and the UK.
The NeuConnect interconnector is a privately financed project developed by a group of international investors that include Meridiam, Allianz Capital Partners and Kansai Electric Power, and is contingent on the tendering of the converter station and financing agreements for the project.
Prysmian will provide the complete cable system to be operated at ±525kV HVDC utilizing mass-impregnated (MI) paper insulated cables, and include fibre optic cables on the land and selected submarine sections, complemented with cable monitoring systems that shall support the monitoring, maintenance and services to be provided during the warranty period.