Dutch-Norwegian power transmission link may spur electricity trading
A newly agreed Norway-Netherlands electricity transmission link will lead to power trading between the two countries, said Swiss power and automation technology group ABB. The link will also increase the reliability of electricity supply, said the company in a statement.
ABB will receive $270 million under the deal struck with the two state-owned power-grid companies, Tennet in the Netherlands and Statnett in Norway. The 580-kilometre NorNed link will be the longest underwater high-voltage
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