The 300km-long subsea direct-current electricity connection (interconnector), which is expected to cost more than €600m, will run from from Eemshaven in the Netherlands to Endrup in Denmark to connect the electric grids of both the countries.
TenneT CEO Mel Kroon said: "An important purpose of the COBRAcable is to allow for the integration of more renewable wind energy into the Dutch electricity system.
"The cable will make an significant contribution to the realization of a sustainable international energy landscape. An important goal of the European Union and TenneT."
In order to minimize transmission losses over long distances, the connection will be constructed as a high-voltage direct current (HVDC) cable using the DC technology.
Energinet.dk CEO Peder Østermark Andreasen said: "It will also improve security of supply in both Denmark and the Netherlands, to the benefit of consumers and industry."
The two transmission system operators will have 50% percent stake each in the COBRA cable project, which is scheduled for completion in early 2019.
The European Commission will provide €86.5m subsidy for the project since it can be integrated into a future offshore electricity grid in the North Sea.
Upon securing required permits, TenneT and Energinet.dk will float tender for the project construction and expects to award contracts in late 2015.
Image: Inside the converter station (Eemshaven) of TenneT’s NordNed cable, the subsea cable to Norway. Photo: Courtesy of TenneT Holding B.V.
