ABB wins $170-million contract for Baltic
Sea power link
May 13, 2008 - ABB
The Fenno-Skan 2 project will strengthen
the power transmission between Sweden and Finland.
Zurich, Switzerland, May 13, 2008 – ABB, the
leading power and automation technology group,
announced today it has won a contract worth
$170 million from Svenska Kraftnät and Fingrid
Oyj, the transmission system operators in Sweden
and Finland. ABB will supply two HVDC (high-voltage,
direct current) converter stations for the Fenno-Skan
2 power link. The converter stations will be
part of an 800-MW (megawatt) extension of the
existing 550-MW Fenno-Skan 1 link, delivered
by ABB in 1989. ABB will use its state-of-the-art
HVDC technology and equipment.
“ABB’s HVDC technology will further strengthen
the Nordic power grid, enhancing the capacity
for power trading and improving the security
of supply in the region,” said Peter Leupp,
head of ABB’s Power Systems division.
The contract is part of a larger scheme that
includes a 400-kV AC (alternating current) substation
in Finnböle, a 70- km DC overhead line in Sweden
and a 200-km submarine cable.
For the Fenno-Skan 2 project, ABB will be responsible
for system engineering, including design, supply
and installation of the two HVDC converter stations.
The system is scheduled to be in operation by
the end of 2011.
ABB pioneered HVDC technology more than 50
years ago when the company built the world’s
first commercial HVDC transmission link in Sweden.ABB
remains the world leader in HVDC transmission
technology, with over 60 HVDC projects improving
the transmission capacity of utilities around
the world by more than 48,000 MW.
ABB (www.abb.com) is a leader in power and
automation technologies that enable utility
and industry customers to improve performance
while lowering environmental impact. The ABB
Group of companies operates in around 100 countries
and employs more than 110,000 people.