NorNed interconnector back in action on Wednesday
The 700MW NorNed interconnector will be back in action from 25 February, according to Norwegian grid operator Statnett. A capacity auction to send power across the cable was held on Tuesday.
The electricity cable, which links the Norwegian and Dutch markets, has been out of action since 6 February (see EDEM 13.033) due to an unexpected fault at the Eemshaven converter station in the Netherlands.
The start-up was in line with market expectations, as Dutch Week 8 contracts had moved downwards by last Friday as traders anticipated that Norwegian power flows would be resumed.
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