Dutch-Danish subsea power link delayed to Q3 2019
The TSOs were expecting to start operations on the 325 kilometer subsea link between Eemshaven in the Netherlands and Endrup in Denmark on February 6.
"The original date for commercial operation is not possible. On the basis of the current information available commercial go-live will be delayed until Q3 2019," the TSOs said in a market message on NordPool.
The COBRAcable project will be the third subsea link for Tennet in addition to the NorNed and BritNed links to Norway and Great Britain.
Tennet is also constructing the 1.4 GW NordLink cable from Norway to Germany set to start in 2020.
Dutch as well as Belgian power markets are set to get a supply boost from major new power cables expected to start operations over the next few years with the potential to almost double imports from the lower-priced markets. Increased cross-border transmission capacity will also help both countries with their own energy transitions (nuclear phase-out in Belgium and coal exit in Netherlands), but will increase connectivity to other markets such as the Nordics, Great Britain and Germany.
In the short term, the delay to the COBRAcable could increase gas plant output in the Netherlands in H1 2019 with Dutch power at a clear premium to Nordic forward power for 2019 delivery. ■