The project is a joint venture between SSEN Transmission and National Grid Electricity Transmission. UK-based infrastructure company Balfour Beatty is overseeing the installation of HVDC land cables in both Scotland and England. On August 18, Balfour Beatty confirmed that work on the EGL2 cable route had officially started.
Estimated at €5 billion, the project is partly funded by an €800 million loan from the Swedish Export Credit Corporation (SEK), a state-owned entity supporting Swedish exporters, subcontractors, and international clients. The initiative is expected to be completed in 2029, enabling the transmission of renewable electricity sufficient to power approximately two million homes.
“This project represents a significant step forward in enhancing the UK’s renewable energy infrastructure,” a spokesperson from SSEN Transmission stated. “By connecting key regions, EGL2 will play a vital role in delivering clean energy to millions of households.”
The EGL2 project aims to strengthen the UK’s energy grid by facilitating the transport of renewable power across long distances. The subsea and land cable infrastructure will ensure efficient energy delivery, supporting the country’s commitment to sustainable energy solutions. Balfour Beatty’s expertise in infrastructure development is critical to the project’s success, ensuring high-quality installation of the land-based cable sections.
“We’re proud to contribute to this landmark project, which will bolster the UK’s renewable energy capacity,” said a representative from Balfour Beatty. “Our team is committed to delivering the land cable installation with precision and efficiency, supporting the broader goals of clean energy distribution.”
The collaboration between SSEN Transmission, National Grid Electricity Transmission, and Balfour Beatty underscores a shared commitment to advancing renewable energy infrastructure. Upon completion, EGL2 is expected to enhance energy reliability and support environmental goals by reducing reliance on fossil fuels. The project also highlights the role of international financing, with SEK’s loan facilitating the timely execution of this large-scale initiative.
By connecting renewable energy sources in Scotland to demand centers in Yorkshire, EGL2 will contribute to a more sustainable energy future, delivering significant benefits to communities and supporting the UK’s clean energy objectives.
