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Belgium Kicks Off Nemo Link JV

Nemo Link

By MarEx 2015-03-01 14:35:12

Elia, the Belgian electricity transmission system operator, and National Grid has signed a joint venture agreement to move ahead with the Nemo Link– the first electricity interconnector between the two countries.

When completed the interconnector will provide 1,000 MW of capacity. The link will run
140 kilometers between Richborough on the Kent coast and Herdersbrug, near Zeebrugge with a combination of undersea and underground cables. Electricity will flow in either direction between the two countries.

“A European Union must be a union of systems. The project that our two transmission system operators (TSOs) have just launched is part of the Belgian energy vision and is in line with a European Energy Union, where the implementation of interconnectors is a prerequisite for the security of supply and the reinforcement of the competitiveness of Europe and Belgium in particular,” said Marie-Christine Marghem, Belgian Minister for Energy, Environment and Sustainable Development

“If, in terms of energy supply, a modern country must have sufficient production capacity to cover its demand and provide the necessary flexibility to the grid, it is no longer conceivable that these objectives are pursued by individual countries without taking into account the potential of neighboring countries. Politically, economically and technically, interconnections are required,” she said.

UK Energy and Climate Change Secretary Ed Davey said: “Better electricity links to our neighbors help to guarantee our energy security at the lowest possible cost to billpayers and means we can use renewable electricity more effectively, allowing excess generation to be exported. This new interconnector will increase the amount of capacity available through interconnectors by 25 percent. Nemo Link is not only an important interconnector in its own right, it also demonstrates that the new ‘cap and floor’ regime can help support new investment while protecting consumers.”

Nemo Link will provide a third interconnector between UK and Europe, helping to further integrate the Europe-wide internal energy market. A 2,000MW link to France and 1,000MW link to the Netherlands are already in operation. Being at the crossroads between electricity markets in Western and Eastern Europe, the Belgian grid is currently able to import 3,500MW of capacity and plans an additional 1,000MW interconnection with
Germany.

Subject to finalizing suitable deals, Nemo Link will be announcing contracts for the construction of the converter stations and cable laying. Engineering design work and site preparation should begin later in the year. It’s anticipated that Nemo Link will go into commercial operation in 2019.