Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Nordics Need to Build More Power Links to Germany, Lobby Says

Jan. 11 (Bloomberg) -- Norway and Sweden need to build more power links to Germany to handle rising production from hydro plants and other renewable sources, according to a German industry lobby group.

The Scandinavian nations need to add seven to 12 gigawatts of capacity in the next three decades, Bundesverband der Deutschen Industrie e.V., said today in an e-mail. That’s on top of Statnett SF’s 1,400 megawatt undersea cable from Germany to Norway that is scheduled for completion by 2018.

“We see economic potential for additional interconnector capacities,” said Carsten Rolle, executive director of the Berlin-based lobby group.

The increase in capacity would benefit Norway because Germany would be able to ship excess output to the Nordic nation to pump water into higher reservoirs to be released at periods of high demand, according to Rolle.

Norwegian Prime Minister Jens Stoltenberg said this week that the construction of too much export capacity would push up domestic power prices and damage manufacturing industries. The country should apply a “measured pace” when building power links, Stoltenberg said on Jan. 9.

To contact the reporter on this story: Torsten Fagerholm in Helsinki at tfagerholm@bloomberg.net

To contact the editor responsible for this story: Lars Paulsson at lpaulsson@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.