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Suspension of ElecLink: Getlink anticipates a commercial impact of 46 million euros

Getlink temporarily suspends the activity of ElecLink, its cross-channel electric cable connecting France to the United Kingdom, due to a structural defect. The group estimates that this suspension will result in a commercial impact of 46 million euros.

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The Getlink group, operator of the Channel Tunnel, announced the temporary suspension of its ElecLink electric cable due to a malfunction identified on the French side. This 1 GW cable, commissioned in May 2022, connects France to the United Kingdom and is a strategic interconnection for the electricity market between the two countries.

Structural defect on the French side

In a statement released on Sunday, Getlink specified that the cause of the problem is linked to a deterioration of the structure supporting the cable outside the tunnel, on the French side. The group has initiated additional inspections and is currently finalizing a repair plan. The duration of the work is estimated to be around six weeks, postponing the resumption of ElecLink’s activity to November 16.

A commercial cost of 46 million euros

Getlink announced that the suspension of ElecLink’s activity will have a financial impact estimated at 46 million euros. This amount represents a significant loss for the group, which had initially relied on this project to strengthen the energy exchange capacity between France and the United Kingdom. ElecLink has already transported 5.5 TWh of electricity in 2023, generating a turnover of 558 million euros for its first full year of operation.

ElecLink: a strategic project

Designed to meet the growing needs for flexibility and energy security of both countries, ElecLink is considered an essential component of the cross-channel electrical infrastructure. Since its commissioning, this cable has facilitated electricity exchanges and balanced energy flows between France and the United Kingdom. Its suspension could temporarily disrupt electricity flows and affect Getlink’s operational forecasts.

Repair plan and outlook

The Getlink group is working to quickly complete the repair work to limit the impact on activity. The date of November 16 is currently maintained, but the group does not rule out reviewing it depending on the progress of operations. Getlink ensures that monitoring measures will be implemented to ensure that the resumption of activity takes place under optimal safety conditions.

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