Scope of Work
Categories:
Submarine Cable Manufacture
Lifecycle Stages:
Construction
Quantities:150 km submarine cable (export)
Cable Specifications:
TypeHVAC
Purposeexport
Voltage220 kV
Route Length82.6 km
Source text:
Delivery of more than 150 km of 220 kV high voltage submarine export cables for the Race Bank offshore wind farm, forming the OFTO export cable system between the offshore substations and the onshore substation at Walpole.
Contract Details
Contract Value:kr595M
Adjusted to 2025:€86.3M
Currency:DKK
Award Date:16 Dec 2014
Client:
DONG Energy A/S
Description
NKT Cables supplied the high-voltage submarine export cable system for DONG Energy’s Race Bank project, which later formed the core of the Race Bank OFTO transmission assets. The order, first announced in December 2014 and confirmed in June 2015 after final investment decision, covered the delivery of more than 150 km of 220 kV HVAC export cables manufactured at NKT’s Cologne plant. The cable system was produced in two phases for installation in 2016 and 2017 and is used to transmit power from the two offshore substations to shore. The contract was valued at approximately DKK 595 million in standard metal prices (around EUR 80 million), with a higher value reported when calculated at market metal prices.