NKT has won a long-term frame agreement with Swedish utility Ellevio to reinforce the power grid in Central Sweden, a four-year deal that calls for it to supply low- and medium-voltage power cables.
A press release said that NKT will continue its long-term collaboration with Ellevio to reinforce and expand the regional power grid in Central Sweden. The deal includes cable with voltage levels from 1 kV to 36 kV for use in projects such as replacing overhead lines with underground power cables and reinforcing the power grid in urban areas around Stockholm, the capital of Sweden.
“With the new frame agreement, we continue our engagement in ensuring the grid has the capacity needed to be ready for the increased electrification driven by urbanization and the transition to renewable energy,” said Peter Marcusson, Nordic director of sales for utilities at NKT. The agreement, he said, runs until 2024, with an option to extend it for three more years.
The deal with Ellevio also includes collaboration on the development of new products and methods to future proof the power grid in the region, Marcusson said. He noted that part of the infrastructure is aging and needs to be reinforced and expanded to meet the growing demand for electricity.
A central part of the ongoing reinforcement is to weather proof the power grid by exchanging overhead lines with underground cables to minimize the risk of weather-related blackouts. In Stockholm, urbanization drives investments in the power grids as new city areas arise with roads and tunnels being built. The capacity of the power grid in the larger cities of the region also needs to take a growing number of electrical cars into account which is driving the need for timely expansion of the power grid.
Ellevio is one of the largest utilities in Sweden supplying electricity to more than 960,000 customers in Central Sweden including the Stockholm area.