Germans OK 1.4GW Norway link
Authorities at the Energiewende ministry in Schleswig-Holstein state have given the green light for the 1.4GW NordLink interconnector project linking Norway and Germany, transmission system operator (TSO) Tennet says.
"That is an enormously positive signal for the further preparation of the electricity cable for the mutual exchange of energy from German wind and Norwegian hydro power," says TenneT board member Lex Hartman.
The 623km link aims to be operational by the end of 2018.
The direct current subsea cable will require a total investment of about €1.5bn-€2bn ($2bn-$2.7bn) and will run between Tonstad, Vest-Agder in Norway and Wilster, Schleswig-Holstein in Germany, the planners have previously said.
NordLink aims at using Norwegian hydro-electric reservoirs as energy storage for excess renewable energy from Germany that can be used during peak demand hours.
TenneT and German development bank KfW each own 25% in the project, with Norwegian TSO Statnett holding the other half.