NKT Secures €2 Billion in Contracts for Scottish HVDC Transmission Links
Key Takeaway
This €2 billion investment in HVDC transmission infrastructure in Scotland is a critical enabler for large-scale renewable energy integration and grid modernization, creating new development opportunities and enhancing power reliability for consumers.
AI Summary
- •NKT has secured €2 billion in contracts with SSEN Transmission for two 525-kV HVDC transmission links in Scotland, marking SSEN Transmission's largest-ever contract award.
- •These projects will significantly enhance grid capacity and reliability, particularly for integrating renewable energy sources from remote areas like the Western Isles.
- •The substantial investment in HVDC infrastructure indicates a strong commitment to grid modernization and decarbonization efforts in the region.
- •For developers, this opens up new opportunities for large-scale renewable energy projects (e.g., offshore wind) in areas previously constrained by transmission limitations.
- •Large power consumers can anticipate improved grid stability and potentially lower energy costs due to reduced congestion and enhanced access to diverse generation sources.
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Article Content
NKT has finalized contracts with SSEN Transmission for two high-voltage direct-current (HVDC) transmission links in Scotland, the company announced January 19. The projects, valued at approximately €2 billion combined, represent the largest contract award in SSEN Transmission’s history. The Danish cable manufacturer will deliver turnkey 525-kV HVDC power cable systems for the Western Isles and […] The post NKT Secures €2 Billion in Contracts for Scottish HVDC Transmission Links appeared first on POWER Magazine .