NKT Secures Dogger Bank Bounty
Equinor and SSE Renewables have signed an agreement with NKT for an Engineering, Procurement, Construction and Installation (EPCI) contract for high-voltage DC on- and offshore export cable systems to be installed on the Dogger Bank Wind Farms Creyke Beck A/B.
With a combined capacity of 2,400MW, the wind farms are being developed through a joint venture of Equinor (50%) and SSE (50%).
The developers selected NKT as the preferred supplier for the two wind farms in September, shortly after securing Contracts for Difference (CfD) in the UK’s third allocation round.
NKT’s order for Dogger Bank Creyke Beck A/B will comprise the manufacture of approximately 4×175 km of 320 kV DC offshore export power cables and approximately 4×32 km of 320 kV DC onshore export power cables, as well as the installation by the cable-laying vessel NKT Victoria.
For NKT, the final order will have an estimated contract value of approximately EUR 360 million in market prices, equivalent to approximately EUR 300m in standard metal prices. The power cables will be manufactured in Karlskrona, Sweden, with expected production-start in 2020, and installation expected to commence from end-2021.
Equinor and SSE are planning to reach the final investment decision for the first project during 2020, and the first power generation is planned for 2023.