Tennet hit by 'shortage of cash and cables'

GERMANY: European grid operator Tennet warned last week it might struggle to install further offshore connections to North Sea wind farms due to a shortage of cables and cash.

The company said it has nine cable connections to German offshore wind farms currently under construction.

But it said that construction of further cables at this rate "is no longer desirable or possible" due to lack of skilled staff, shortages of materials and a lack of finance at Tennet and at supplier companies.

Tennet said it has informed the German government and has requested a broad discussion about improvements to the framework conditions for connecting offshore wind projects to the network.

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