The 1.4GW DC link aims to be operational by the end of 2018, subject to a final investment decision in mid-2014, award of licences and construction supply-chain capacity, say the partners.
The subsea cable will require a total investment of about €1.5bn-€2bn ($1.9bn-$2.6bn) and will run between Tonstad, Vest-Agder in Norway and Wilster, Schleswig-Holstein in Germany.
NORD.LINK is designed to boost the flow of renewable energy between the two nations, and is one of two projects being considered.
The
