NeuConnect included in Germany’s network expansion plans
The German Bundestag today (28th January 2021) passed amendments to the Federal Requirements Plan Act, with NeuConnect included among a series of projects that will form Germany’s network expansion plans.
NeuConnect is a 1.4GW interconnector that will create the first direct link between the UK and German electricity networks. By connecting two of Europe’s largest energy markets for the first time and integrating renewable energy sources in Germany and the UK, NeuConnect will help deliver a more diverse, resilient and sustainable electricity supply, while also helping to lower costs for consumers and businesses.
NeuConnect Managing Director Christophe Vanhove said:
“NeuConnect’s inclusion in Germany’s new federal requirement plan takes us another important step towards delivering the first direct electricity link between Germany and Great Britain. We are entering a crucial year on the project, with the aim of completing the regulatory and planning preparatory work in 2021 so that we can start construction work in 2022.”
NeuConnect is being developed by an international, experienced consortium that includes Meridiam, Allianz Capital Partners on behalf of Allianz Group and Kansai Electric Power, with the project also supported by Greenage Power and Frontier Power as developers. The key partners bring a proven track record in delivering large-scale energy infrastructure.