First power cable between the UK and Germany
Construction of NeuConnect, the first power cable between the UK and Germany, has begun on the German side. This 2.8 billion euro project aims to supply Germany with green electricity by 2028.
| Countries | Royaume-Uni, Japon |
|---|---|
| Companies | S&P Global Commodity Insights, Siemens Energy, Méridiam, Kansai Electric Power |
| Sector | Réseaux électriques, Interconnexions |
| Theme | Investissements & Transactions, Développement de projets, Financement |
The 1.4GW NeuConnect project represents a major step forward in Europe’s energy transition. According to German Energy Minister Robert Habeck, the carbon-neutral electricity system requires greater flexibility. This project not only extends the power grids in Germany, but also creates connections with neighboring countries. At the launch ceremony in Wilhelmshaven, attended by UK Trade Minister Greg Hands, Habeck emphasized that this cooperation augurs well for future collaborative projects between Germany and the UK.
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