Benefits

NeuConnect ‘interconnector’ will help power the future with an energy supply that is:

 

Resilient
dependable, safe and more secure

The fully-financed £1.4bn / €1.6bn interconnector scheme will create the first direct link between the British and German electricity networks. Connecting two of Europe’s largest energy markets for the first time will offer a more diverse and sustainable supply, offering much needed resilience, security and flexibility in each market.

 

Economic
more competition means lower prices

By allowing up to 1.4GW of electricity to flow in either direction between Germany and Britain, the new link will significantly increase choice and competition in each market. This will lead to millions of consumers and businesses benefitting from reduced electricity prices.

 

Efficient
investing in reliable technology

The investment in proven, reliable high-voltage direct current (HVDC) technology offers British and German networks greater efficiency and flexibility to deal with the changing demands of industry, businesses and consumers.

 

Transformative
£3bn in benefits, a significant economic boost

The vital new link will create an ‘invisible highway’ to carry 1.4GW of electricity, enough to power tens of millions of homes over the life of the project and offering net consumer benefits of over £3bn / €3.4bn.

The delivery of the project will also create significant economic benefits with up to £1bn /€1.1bn worth of contract and business opportunities available. The project will support up to 500 jobs during construction, allowing British and German workers to demonstrate their expertise in a growing global industry. Further jobs will also be created once the new connection becomes operational.

 

Sustainable
low-impact, low-carbon

720km of cables will connect low-impact substations in Germany and on the Isle of Grain in Kent. The integration of renewable energy sources will see a reduction of up to 34 million metric tonnes of CO2 over the life of the project.

The new connection will allow Britain to tap into the vast energy infrastructure in Germany, including its significant renewable energy sources as the world’s third largest producer of wind power. In the German market, the new link with Britain will help ease current bottlenecks where wind turbines are frequently powered-down due to an excess of renewable energy being created. While the initial flow of surplus renewables is expected to be from Germany into Britain, the interconnector will allow energy to flow in either direction. The flexibility of the new link therefore offers significant benefits on both side

 

Deliverable
meeting future energy needs

NeuConnect received Interim Project Approval from Ofgem in January 2018. The project is now going through a period of further project development ahead of a full submission being made to British and German regulators in 2019. Final approval for the scheme is expected in 2020, allowing construction to start shortly afterwards. NeuConnect is targeting 2023 for project completion, helping meet British and Germany’s future energy needs and delivering significant benefits for consumers, businesses and industry in less than 5 years.