Nexans wins Denmark-Norway subsea power cable contract

Cable company Nexans has been awarded an €87m (£72m) contract by Energinet and Statnett, the state-owned Transmission Systems Operators (TSOs) in Denmark and Norway, to deliver the subsea power cable for Skagerrak 4 (SK 4), the fourth HVDC power interconnector between the two countries.

Scheduled for completion by the end of 2014, the 700MW SK 4 cable will improve security of supply in Denmark and Norway, as well as contributing to an increased exchange of environmentally-friendly power with other countries via the common Nordic electric power market.

In combination with SK 1-3, also delivered by Nexans, SK 4 will raise the total capacity of the Skagerrak interconnector to 1,700MW, facilitating the export of renewable energy produced in Norway, as well as helping to stimulate an increase in wind-power production in Denmark.