NKT secures cable agreement for Dogger site

NKT

NKT has announced that it has entered into a Preferred Supplier Agreement for the delivery and installation of high voltage direct current export cable systems for the Doggerbank Creyke Beck A and Doggerbank Creyke Beck B offshore wind farm.

The EPCI (Engineering, Procurement, Construction and Installation) agreement was signed with project owners Equinor and SSE Renewables. NKT stated the order is the largest cross-linked polyethylene power cables order ever for the company, and has added the project
to its the high-voltage order backlog.

The order represents a contract value of approximately EUR 360m (approx. DKK 2,685m) in market prices, equivalent to approximately EUR 300m (approx. DKK 2,235m) in standard metal prices.

The contract scope includes the manufacture of approximately 4x175 km of 320 kV direct current offshore export power cables and 4x32 km of 320 kV direct current onshore export power cables as well as installation by the cable-laying vessel NKT Victoria. NKT expects production start of the power cables in 2020.


The
Creyke Beck A and Creyke Beck B projects will have a combined capacity of 2.4 GW and are located more than 130 km off the east coast of the UK in the North Sea. The projects are expected to produce enough energy to power the equivalent of 3 million UK homes. The project developers, SE Renewables and Equinor, estimate that a final investment decision for the first project could be reached in 2020 with first power generation following in 2023.Creyke Beck A and Creyke Beck B secured latest Contracts for Difference is the UK government's latest (September 2019) auction with a strike price of £39.65/MWh and £41.61/MWh respectively.

For more information on offshore wind turbine developments,
click here. Alternatively, click here for 4C Offshore's interactive map of offshore wind farms, infrastructure and ports.