Energy
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NKT has signed its largest ever power cable contract yet. The more than €2.2bn Eastern Green Link 3 award covers a 525 kV HVDC system that will move up to 2 GW between Scotland and England.
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February forced Europe’s electrification push into a harsher delivery phase. Grid access, storage integration, and installer competence moved closer to the centre of risk across the UK and Europe.
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TotalEnergies and AllianzGI are scaling battery storage across Germany fast. Their €500 million partnership covers 11 projects totalling 789 MW and 1,628 MWh, with commissioning scheduled by 2028 as battery storage takes a firmer role in German grid operations.
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National Grid is pushing UK transmission spending further upwards again. The utility has added £10 billion to its five-year framework, taking planned capital investment to at least £70 billion by FY31, with UK electricity transmission at the centre of the expansion.