Today Member States agreed to allocate €647 million to support key priority infrastructure projects The bulk of the support goes to gas projects in the Baltic region as well as in Central Eastern and South Eastern Europe. Funding will come from an EU programme called the Connecting Europe Facility (CEF).
The supported projects will increase Europe’s energy security and help end the isolation of Member States from EU-wide energy networks. They will also contribute to the completion of a European energy market and the integration of renewables to the electricity grid.
Vice-President of the European Commission, responsible for energy, Günther H. Oettinger said: “I welcome today’s decision, which will help us to quickly build the infrastructure we need to ensure Europe’s energy security. The geopolitical crisis has highlighted the need to better connect energy networks. This is also crucial for an integrated energy market where consumers get the best value for their money.”
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22 10 2014
The Norwegian government, Ministry of Petroleum and Energy, has announced on 13th October 2014 that they have granted two new licences to Stanett allowing for two new electricity interconnectors to be realised. One will go to Germany and the other to United Kingdom. This will increase Norway’s energy export capacity by nearly 50%. Stanett plan for the German cable to be commissioned in 2018 while the UK cable will, if all goes to plan, be commissioned in 2020.
Statnett owns both interconnectors on the Norwegian side. Statnett is cooperating with the German system operator TenneT and the German state owned bank Kreditanstalt für Wiederaufbau (KfW) about the Norway-Germany project, Nord.Link. Statnett is cooperating with UK system operator National Grid about the Norway-UK project, North Sea Network (NSN).
– Interconnection with Germany and the UK will give a better utilization of the power systems and create economic benefits. These cables are important for successfully increasing our share of renewable energy, says Minister of Petroleum and Energy, Mr. Tord Lien.
Both interconnectors will have a capacity of 1400 megawatt (MW). The interconnector to the UK will be the world’s longest sub-sea cable of its kind.
– The electricity interconnectors will contribute to Norwegian renewable energy replacing fossil energy in Europe and will facilitate green value creation in Norway, says Minister for Climate and Environment, Tine Sundtoft.
The interconnectors will create economic benefits, including revenues on the interconnector and by increasing the value of Norwegian hydro power. The transition to renewable energy in Europe will interact well with the Norwegian hydro based power system. The Ministry estimates that the benefits of the interconnectors will exceed the costs. Together, the two cables will strengthen the Northern European electricity grid and contribute to more efficient power markets.
The North Sea Grid Strategy was one of the subjects addressed at the ENSEA event last June in Brussels during the European Sustainable Energy Week. Nicole Versijp of DG Energy informed the participants about the potential benefits of a meshed offshore electricity grid in the North Sea, the Irish Sea and the English Channel at Horizon 2030.
The key objective of the study was to estimate the benefits of the meshed grid as compared to those for radial offshore generation connection. The report can be found on the website of the European Commission.
Wednesday 26 June 2013 the closing conference of the Energy Vision North Sea Region (EVNSR) project took place during the EU Sustainable Energy Week in Brussels. At this meeting the Interreg IVb cluster project presented its findings with respect to (i) opportunities for smart interregional cooperation and specialization towards a more sustainable and integrated energy system around the North Sea, and (ii) the results of an analysis of the “Big Wins” of 9 different energy-related projects implemented under the Interreg IVB North Sea Region Programme between 2007 and 2013.
- Smart Interregional Specialisation and Cooperation in the NSR
- Renewable energy technology development and integration in the NSR
Under the watchful eye of some 60 representatives of regional, national and international governments, research institutes and representatives from the business; project coordinator Koos Lok of the Energy Valley Foundation handed over the EVNSR analyses results to the president of North Sea Commission Mr. Ole http://paydayloans.greattowait.com/ Sörenson and chairman the North Sea Region Programme Mr. Christian Byrith.
Due to the success of this very cost-effective project, a project extension was granted until October 2nd 2013. During this extension, project partners will actively seek to further disseminate and discuss practical ideas for synergistic cooperation between North Sea regions and eight specific “Building Blocks” (ideas for development of an integrated energy systems around the North Sea on the basis of previous Interreg IVb project results / “Big Wins”).
For more information about the EVNSR project results and analysis you can download the pdf documents added. If you have any further questions or interested in developing or discussing the appointed themes or “Building Blocks” please contact Robbin van der Linde at firstname.lastname@example.org.