Search results for: Statnett

63 results

A list of search results

  • 24 August 2012
    Business & Finance, Grid Connection

    The Statnett Group reports profit after tax of NOK 187 million in the second quarter of 2012. The corresponding figure for the same period in 2011 was NOK 126 million. Profit after tax for the first half of 2012 was NOK 452 million, compared to NOK 520 million for the first half of 2011. Profit […]

  • 14 May 2012
    Business & Finance

    The Statnett Group reports profit after tax of NOK 265 million for the first quarter of 2012. The corresponding figure for the same period in 2011 was NOK 394 million. The reduction was due to downward adjustment of tariffs for 2012 and lower congestion revenues in the period. In the first quarter of 2012 total […]

  • 24 October 2011

    Kristian Marstrand Pladsen has been named the new communications director of Statnett. He comes from the position as director of communications and public affairs in Energy Norway. Kristian Marstrand Pladsen has about twenty years of experience with communications work and management in Norway and abroad. He has worked with a number of trade and interest […]

  • 17 February 2012

    The Statnett Group reports profit after tax for 2011 of NOK 1 000 million, the corresponding figure for 2010 was NOK 2 198 million. In the fourth quarter of 2011 profit after tax was NOK 226 million, compared to NOK 567 million in the fourth quarter of 2010. In the fourth quarter of 2011 total […]

  • 5 June 2017
    Business & Finance, Grid Connection

    The European Investment Bank (EIB) has signed a EUR 300 million loan agreement with Norwegian transmission system operator (TSO) Statnett for the completion of the NordLink interconnector between Germany and Norway.

  • 11 November 2011
    Business & Finance

    The Group reported a profit after tax of NOK 254 million in the third quarter of 2011 compared to NOK 344 million in the same period of 2010. The Group’s profit after tax for the first three quarters of 2011 was NOK 774 million. The corresponding figure for 2010 was NOK 1 630 million. The […]

  • 21 June 2012
    Grid Connection

    Statnett, TenneT and KfW have agreed to develop an electricity interconnector between Germany and Norway with a goal to have it operational by 2018. The project is a key to further development of the North-European power grid, and of high priority to the partners. Statnett is the Norwegian Transmission System Operator (TSO) and owner of […]

  • 5 July 2013
    Business & Finance, Grid Connection

    ABB, a global leader in power and automation technology, has won an order from the Norwegian Transmission System Operator (TSO), Statnett SF for the construction of two new 420 kilovolts (kV) transmission substations. This is part of an overall initiative to expand and strengthen the national grid. The order was received in the second quarter. […]

  • 19 October 2011
    Business & Finance, Grid Connection

      The Nordic Investment Bank (NIB) and the Norwegian grid operator Statnett have signed a loan totalling NOK 1,300 million (EUR 165 million) for the partial financing of the new subsea cable between Norway and Denmark and the upgrade of Statnett’s existing cable across the Oslofjord. The 16-year-maturity loan will help finance the construction of […]

  • 13 October 2014
    Grid Connection

    The Norwegian Government issued the necessary licenses for the construction of 1.4 GW NordLink HVDC, the first power connection between Norway and Germany. “This link will make the exchange of renewable energies possible, in particular of hydroelectric and wind energy,” said German Minister of Economy and Energy, Sigmar Gabriel. “NordLink will contribute to the [energy] […]

  • 21 June 2012
    Grid Connection

    Statnett and National Grid have signed an agreement to confirm their plans to develop an electricity interconnector between Norway and the UK with a goal to have it operational by 2020. The North Sea Network (NSN) project is a key to further development of the North-European power grid, and of high priority to the companies. […]

  • 16 May 2013
    Grid Connection

     National Grid and Statnett confirm plans for further development of the world’s longest subsea interconnector. British energy company National Grid and Statnett, the Norwegian transmission system operator (TSO), have signed a co-operation agreement to continue work on the interconnector to link the two countries. The NSN interconnector will have a capacity of 1400 MW and […]

  • 27 March 2015
    Grid Connection

    National Grid and Statnett, the Norwegian Transmission System Operator, yesterday signed the ownership agreement which signals the start of the construction phase for the 730 kilometre interconnector between UK and Norway. The NSN Link would be the first electricity interconnector between the two countries and has a planned capacity of 1400 MW – enough to […]

  • 30 March 2012
    Grid Connection

    Statnett and National Grid are jointly developing a project to construct a High Voltage Direct Current (HVDC) electrical interconnector between Norway and Great Britain. MMT will be performing the route survey for this project between Hylen, Norway and Blyth, UK. The survey will be performed April – August 2012. The length of the cable route […]

  • 11 June 2015
    Grid Connection

    Intertek has helped to support National Grid and Statnett in the development of an infrastructure project linking the UK and Norwegian electricity networks (NSN Link) which, when constructed, will be the world’s longest high voltage direct current (HVDC) undersea interconnector. For the past four years, Intertek has acted as marine consultants for the two companies […]

  • 4 December 2012
    Grid Connection

    The Norwegian power grid operator Statnett, KfW IPEX-Bank on behalf of KfW and TenneT TSO GmbH, transmission system operator for the German North Sea region, have concluded a cooperation agreement to develop and construct a subsea cable between Germany and Norway. The high voltage direct current interconnector will enable energy to flow between Germany and […]

  • 16 December 2014
    Grid Connection

    TenneT has given the green light to its participation in the construction of the NordLink cable from Germany to Norway. The power cable, which largely runs across the seabed, has a capacity of 1,400 MW, the equivalent of 466 wind turbines of 3 MW, 580,000 solar panels or a very large conventional power plant. Mel […]

  • 13 October 2014
    Authorities, Grid Connection

    The Norwegian Government has today granted a licence for the longest subsea electricity interconnector in the world, to be built between the UK and Norway. The interconnector, known as NSN, will connect our countries’ electricity systems providing significant mutual benefits, improving energy security and bringing Norwegian renewable energy to Europe. Energy and Climate Change Secretary […]

  • 3 July 2012
    Grid Connection

    The Renewables-Grid-Initiative (RGI) welcomes the official announcement of the development of two interconnectors from Norway to the UK and from Norway to Germany by the Transmission System Operators (TSOs) National Grid, TenneT and Statnett. The interconnectors will contribute to a higher share and more stable uptake of energy from renewable sources in the regions and […]

  • 12 February 2015
    Grid Connection, Vessels

    February was a successful month for the French cabling specialist, Nexans. After securing Kriegers Flak onshore cabling contract earlier this month, the company has signed another deal for NordLink project worth EUR 0.5 billion. According to the agreement, Nexans will design, manufacture and install two 525 kV cable subsystems, with a total length of more than 700 […]

  • 2 November 2016
    Authorities, Business & Finance, Environment, Grid Connection

    Norwegian transmission system operator (TSO) Statnett and Germany’s DC Nordseekabel GmbH, a 50:50 joint venture between TenneT TSO and KfW, have applied for a EUR 800 million loan with the European Investment Bank (EIB) to partially fund the construction of the 1.4GW NordLink high voltage direct current (HVDC) interconnector between Norway and Germany. The EUR 2.1 […]

  • 20 September 2013
    Business & Finance, Grid Connection

    National Grid NSN Link Ltd and Statnett SF have issued a call for Expressions of Interest for their subsea electricity interconnector project that will run between Norway and the UK. The scope of the work for a submarine and underground cable system covers, but is not limited to: design, engineering, procurement, manufacturing, installation, assembly, testing, […]

  • 20 July 2017
    Grid Connection

    Prysmian has awarded Canyon Offshore with a multi-million pound contract for the provision of offshore cable trenching services on the North Sea Link interconnector, the 1.4GW subsea HVDC system with cables linking the UK and Norway.

  • 29 March 2016
    Business & Finance, Grid Connection

    Four Nordic Transmission System Operators (TSOs) have opened a joint office in Copenhagen, according to Denmark’s Energinet.dk. Apart from Energinet.dk, the joint office will represent Finland’s Fingrid, Svenska Kraftnät from Sweden, and Norwegian Statnett. By opening the joint office, the TSOs have formalized their collaboration in response to coming European regulation requiring the establishment of so-called Regional […]

  • 4 April 2017
    Business & Finance, Grid Connection

    The European Investment Bank (EIB) will provide a EUR 350 million loan to TenneT to finance the 1.4GW NordLink high voltage direct current (HVDC) subsea interconnector between Norway and Germany.

  • 14 July 2015
    Business & Finance, Grid Connection

    Contracts totalling €1.5billion have been awarded to build the NSN link – the first electricity link between UK and Norway. NSN Link has contracted two cable suppliers, Prysmian and Nexans, to deliver the cable needed for the 740 kilometre route length. The converter stations in both UK and Norway will be delivered by ABB. The […]