Prysmian secures further milestone with EGL2 HVDC cable connection to assure capability for planned project delivery

Following Prysmian selection as exclusive preferred bidder in May 2023, the commitment includes the payment of €180 million to assure Prysmian Group’s continued capacity availability for the planned construction of the Eastern Green Link 2 (EGL2) cable connection during the remaining period of negotiations that are aimed at concluding the contract in a timely manner.

Eastern Green Link 2 is a high voltage direct current (HVDC) submarine and underground cable link utilizing around 1000 km of cable along the 500 km route that is planned between converter stations located at Peterhead in the Northeast of Scotland and Drax in the North of England. With a power transmission capacity of 2 GW the connection is expected to be one of the first cable systems in the UK to utilise 525 kV technology with extruded XLPE insulation.

EGL2 forms part of a series of planned electricity grid reinforcements targeted at increasing the capability of the existing UK transmission network to facilitate increased flows of planned renewable generation in the North to demand centres to the South, supporting the ambitions of enabling 50 GW offshore wind generation by 2030 and achieving a Net Zero economy by 2050.

“This approach demonstrates Prysmian’s commitment to making all our resources and global expertise available to our customers, supporting the development of crucial cable connections for the energy transition”, stated Hakan Ozmen, EVP Projects BU, Prysmian Group.