NEWS COMMENTARY

National Grid and TenneT to connect Dutch and British offshore wind farms

Published:
September 23, 2020
Coverage:
Owning the Energy Transition More...
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Project
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National Grid and TenneT plan to connect up to 4 GW of offshore wind between the U.K. and the Netherlands through a multiterminal HVDC link. The two players aim to finalize project planning by the end of 2021 and to deliver an operational asset by 2029. Europe has set a target to increase its current offshore wind capacity (around 20 GW) to 450 GW by 2050 – which will come primarily from farms in the North Sea. To meet this target, cross-border wind farms are gaining traction in Northern Europe as a means to reduce the cost of new grid infrastructure while enabling electricity trading. Clients should follow up on similar initiatives and expect cross-border offshore wind to be an important part of Europe's 2050 energy landscape.

For the original news article, click here .


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