“TenneT reduces costs of offshore grid connection”
TenneT
The cost of wind farm construction in the North Sea continues to decline as these farms become connected to the grid, according to the European electricity transmission system operator TenneT. In the tender for a new substation and its 90-kilometre cable connection, costs were reduced by 15 percent to under one billion euros, TenneT said. The substation, which will allow the high-voltage direct current transmission of 900 megawatts of power from several offshore wind farms, is set to begin operation in 2023. TenneT CEO Lex Hartman said the “continuous cost reduction” was due to standardisation, as well as the company’s own expertise, "which is why we expect a continuation of this trend in the future as well".
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