Siemens has been awarded an order to supply a link between the Dutch and Danish power grids. The customers are the power grid service provider Danish Energinet.dk and its Dutch counterpart TenneT TSO. The “COBRA cable” high-voltage direct-current (HVDC) link will enhance power supply reliability in both countries and promote the integration of renewable energy sources into the power grid. Siemens will supply the two HVDC converter stations at both sides of the DC power line, which will be routed as a subsea cable through the North Sea. This cable is to be supplied by the Italian company Prysmian, one of the leading cable manufacturers worldwide. The volume of Siemens‘ share of the order is around EUR 170 million. The link is scheduled to take up commercial operation at the beginning of 2019.
Siemens Energy is one of the world’s leading energy technology companies. The company works with its customers and partners on energy systems for the future, thus supporting the transition to a more sustainable world. With its portfolio of products, solutions and services, Siemens Energy covers almost the entire energy value chain – from power generation and transmission to storage. The portfolio includes conventional and renewable energy technology, such as gas and steam turbines, hybrid power plants operated with hydrogen, and power generators and transformers. More than 50 percent of the portfolio has already been decarbonized. A majority stake in the listed company Siemens Gamesa Renewable Energy (SGRE) makes Siemens Energy a global market leader for renewable energies. An estimated one-sixth of the electricity generated worldwide is based on technologies from Siemens Energy. Siemens Energy employs more than 90,000 people worldwide in more than 90 countries and generated revenue of around €27.5 billion in fiscal year 2020.