London, 05 July, 2023, (Oilandgaspress) National Grid Electricity Transmission (NGET) and SSEN Transmission have taken a big step forward in the development of a new subsea electricity superhighway project along the east coast of Scotland after reaching agreement on the terms of their joint venture (JV).
The ‘Eastern Green Link 2’ (EGL2) project will see the creation of a 525kW, 2GW high-voltage direct current (HVDC) subsea transmission cable from Peterhead in Scotland to Drax in England. The UK’s single largest electricity transmission project ever.
The subsea HVDC cable system is approximately 436km in length with new converter stations at either end to connect it into the existing transmission network infrastructure. HVDC technology provides the most efficient and reliable means of transmitting large amounts of power over long distances subsea.
The EGL2 link will support the growth of new renewable electricity generation, creating jobs and delivering a pathway to net zero emissions targets, as well as helping to alleviate existing constraints on the electricity network.Eastern Green Link 2 is part of the significant amount of new network infrastructure required for net zero and will play a critical role in supporting the UK’s future security of supply, reducing dependence and price exposure to volatile global wholesale gas markets.
After nine months of work from projects teams at SSEN Transmission and NGET, the JV shareholders’ agreement was signed by Maz Alkirwi, SSEN Transmission’s Finance Director and Carl Trowell, National Grid’s President for UK Strategic Infrastructure, at an official ceremony in London last week, allowing the joint venture to be formally established.
Information Source: Read More
Energy Monitors , Electric Power , Natural Gas , Oil , Climate , Renewable , Wind , Transition , LPG , Solar , Electric , Biomass , Sustainability , Oil Price , Electric Vehicles,