Operators raise test capacity of Norway-Britain power cable to 1,050 MW
Reuters
Published Nov 15, 2021 15:09
OSLO (Reuters) - The maximum available capacity during ongoing test operations on the new North Sea Link (NSL) power cable connecting Britain and Norway is increasing to 1,050 megawatts (MW) from Wednesday, its operators Statnett and National Grid (LON:NG) said on Monday.
The two transmission system operators started commercial trial operations of the cable on Oct. 1 at a capacity of 700 megawatts (MW) in both directions.
The cable's full capacity is 1,400 MW, enough to power around 1.4 million homes, and is intended to provide Britain access to Norway's hydropower resources to help balance intermittent wind power, while Norway can import power during times of high wind to save water in reservoirs.
"Changes in capacity will take place during the trial period, before we can put the cable into ordinary operation," Peer Olav Oestli, head of system operations at Statnett, said in a statement.
However, an error on the British end of the cable is currently restricting actual available capacity to 700 MW, Statnett added.
Pole 1 of the connection is out of operation and the end time is still uncertain, a separate market message posted by Statnett showed.
($1 = 0.8743 euros)
Get The App
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.