Electricity

Terna to complete Italy-Montenegro power line by end-2019, halves initial capacity

Photo: agrphoto.it

Published

March 28, 2018

Country

Comments

comments icon

0

Share

Published:

March 28, 2018

Country:

Comments:

comments icon

0

Share

Italian energy company Terna has said it plans to complete the Italy-Montenegro electricity interconnector project by the end of 2019, slipping the project conclusion from the previously targeted date in 2018, while also halving the planned initial capacity to 600 MW, according to reports.

The submarine cable has been laid, receiving points completed, and the first link should go on stream in late 2019, Terna CEO Luigi Ferraris was quoted as saying.

Terna has reduced the planned interconnector transfer capacity from 1.2 GW to an initial 600 MW, Ferraris has told analysts, noting that a compromise on the matter has been reached with Montenegrin counterparts, according to media reports.

In 2014, Terna pushed back the project completion from 2015 to 2017 over Croatia’s gas exploration in the Adriatic, later announcing it expected the interconnector, part of the 400 kV Trans-Balkan Electricity Corridor, to be ready in 2018, according to earlier reports.

Terna’s 2018-2022 strategic plan envisages EUR 2.8 billion in investments in the development of the national grid and international interconnections, the company has said.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

GWEC Record wind power capacity installed globally in 2024

GWEC: Record wind power capacity was installed globally in 2024

23 April 2025 - New wind turbine installations reached an all-time high 117 GW last year, just above the 2023 level, Global Wind Energy Council (GWEC) found

Greece DEPA Commercial contractors PV plants 500 MW

Greece’s DEPA Commercial picks contractors for PV plants of 500 MW

23 April 2025 - Terna and Aktor are about to start building a solar power plant of 400 MW and another 100 MW in Greece for state-owned DEPA Commercial

Two PV parks of 117 MW in total coming online near Bucharest

Two PV parks of 117 MW in total coming online near Bucharest

23 April 2025 - Eximprod is commissioning a 65 MW solar park north of Bucharest and Simtel arranged loans for the completion of a 52 MW plant in Giurgiu

Bulgaria grants EUR 587 million to 82 battery storage projects

Bulgaria grants EUR 587 million to 82 battery storage projects

22 April 2025 - Developers of 82 standalone battery projects in Bulgaria, for an overall 9.71 GWh in capacity, got approval for EUR 587 million in subsidies