Fingrid Oyj and Svenska Kraftnät, the transmission system operators in Finland and Sweden respectively, will construct a new submarine cable connection, an extension to the existing Fenno-Skan, between the two countries. The high-voltage direct current (HVDC) link with a transmission capacity of 800 megawatts (MW) will be complete in 2011. Capital expenditure in this project will total approx. 300 million euros.
The project is one of the five prioritised cross-sections proposed by Nordel in the summer of 2004, improving the functioning of the Nordic electricity market.
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The transmission system operators (TSOs) in the region of the Baltic Sea have drawn up a shared transmission grid analysis, which examines the linking of the Baltic countries to the electricity market in the Nordic countries and Continental Europe. The analysis completed in early 2009 revealed a need to construct a new electricity transmission connection, EstLink 2, between Finland and Estonia.
The Finnish TSO Fingrid Oyj and the Estonian TSO Elering OÜ have launched preliminary planning for the construction of this second high-voltage direct current (HVDC) interconnection between the two countries in spring 2009. Fingrid has also made a conditional capital investment decision on Estlink 2 (19.5.2010).