Industrial holding company NKT has been awarded three turnkey high-voltage power cable projects for the IJmuiden Ver and Nederwiek Offshore Wind Zones in the Netherlands. In the project, with a combined order value of around EUR 2 billion, NKT is assigned to design, produce, install and commission around 1,700 km of 525 kV XLPE high-voltage direct current (HVDC). Production of the power cables for the three projects are scheduled to start between 2024-27 with expected commissioning in 2028-30.

March 03, 2023

NKT was recently awarded three turnkey high-voltage power cable projects for the IJmuiden Ver and Nederwiek Offshore Wind Zones in the Netherlands. NKT is assigned to design, produce, install and commission around 1,700 km of 525 kV XLPE high-voltage direct current (HVDC) covering both on- and offshore power cable systems for the project lots Beta, Gamma and Nederwiek 2 with total installed capacity of 6 GW. With a combined order value of almost EUR 2 billion, with around EUR 1.9 billion in standard metal prices, the award is a new company record for NKT as the largest combination of orders ever received.

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To decrease carbon emissions, NKT plans to use a partial amount of recycled metal for the conductors and manufacture the cables at the high-voltage factory running on renewable electricity in Karlskrona, Sweden. Moreover, installation is planned to be done by NKT Victoria, one of the most advanced and fuel-efficient cable laying vessels in the industry. The six wind farms in the IJmuiden Ver and Nederwiek Offshore Wind Zones have a total capacity of 12 GW. The zones are key in supporting the European transition to renewable energy and play an integral part in realizing the Dutch ambition of having 21 GW offshore wind installed around 2030.

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NKT President and CEO Alexander Kara said, “I am very satisfied with the award which confirms our strong position in the high-voltage power cable market and our long-standing relationship with TenneT. I am excited that our leading turnkey expertise within 525 kV XLPE HVDC technology results in NKT being the first power cable manufacturer to apply this technology to sea cables.” Production of the power cables for the three projects are scheduled to start between 2024-27 with expected commissioning in 2028-30.