Scope of Work
Categories:
Engineering ConsultancyCommercial Advisory
Contract Details
Client:
ASC Energy plc
Description
AFRY is engaged as Consultant Engineers and Energy Market Analyst on Atlantic SuperConnection, providing technical engineering input and the energy-market modelling that underpins ASC's commercial case to UK and Icelandic stakeholders. AFRY authored the September 2021 study "An assessment of the impacts of the Iceland-Great Britain cable on the Icelandic power sector and wider economy", a foundational analysis ASC continues to cite in its public disclosures (including the February 2025 NESO upgrade announcement) for the project's projected 1.1 Mt/yr CO2 reduction in UK power-sector emissions and the ISK ~200 billion of annual benefits to Iceland. AFRY's mandate combines feasibility and impact studies for ASC with ongoing power-price modelling and projections used by major grid operators across Europe, giving the developer continuous market-curve refreshes for revenue-stack analysis. Richard Pinnock, formerly Head of Energy at AFRY, sits on the GIG board as a non-executive director, reinforcing the working relationship.