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RENEWABLES: Elia Delays Part of 3.5GW Princess Elisabeth Island Project

RENEWABLES
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Belgian grid operator Elia has delayed part of its 3.5GW Princess Elisabeth Island energy project after the budget soared to €7.5bn, with the contract for the direct current component postponed until further notice, it said, cited by Belga.

  • Despite the delay, Elia still intends to move forward with the project at a later date.
  • The energy island, located in the North Sea, was originally estimated to start construction over 2024-2026, with completion and connection to the grid by 2030.
  • The project will include offshore wind power plants.
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Belgian grid operator Elia has delayed part of its 3.5GW Princess Elisabeth Island energy project after the budget soared to €7.5bn, with the contract for the direct current component postponed until further notice, it said, cited by Belga.

  • Despite the delay, Elia still intends to move forward with the project at a later date.
  • The energy island, located in the North Sea, was originally estimated to start construction over 2024-2026, with completion and connection to the grid by 2030.
  • The project will include offshore wind power plants.