Major Outage

In February 2012, the Fenno‑Skan 2 HVDC interconnector between Finland and Sweden suffered a major outage when a German vessel dropped its anchor onto the subsea cable, damaging it and interrupting power transmission. The outage, on the 800 MW, 500 kV link operated by Fingrid and Svenska kraftnät, led to higher electricity prices for Finnish consumers and industry over the following two months, with the additional cost estimated at about €80 million.