Ofoten – Balsfjord Line is a 420kV overhead line with a length of 150km from Ofoten, Nordland, Norway, to Balsfjord, Troms og Finnmark, Norway.

Construction works on the Ofoten – Balsfjord Line started in 2016 and the project was commissioned in 2017.

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Description

The Ofoten – Balsfjord Line, which is an overhead line, is being operated by Statnett SF. The Ofoten – Balsfjord Line is a new line. The line carries alternating current (AC) through double circuit cable.

Approximately $464.89m was financed by the authorities to undertake the construction works of the project.

Ofoten – Balsfjord Line project development status

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The development of the Ofoten – Balsfjord Line project was approved by Norwegian Water Resources and Energy Directorate in 2016 and the project works were completed in 2017.

About Statnett SF

Statnett SF (Statnett) is an energy utility company that transmits and distributes electricity through its grid infrastructure. The company operates, develop, maintain and monitor transmission grid, cables and power lines of the Norwegian energy system. It has a communication network of optical fibre to monitor and control from its one national control center and three regional centers in Norway facilities. The company has a presence in Sweden, Finland, Russia, Denmark and the Netherlands. Statnett serves residential, industrial and commercial consumers in Norway. Statnett is headquartered in Raipas, Norway.

Methodology

All publicly-announced T&D Line & Substation projects included in this analysis are drawn from GlobalData’s Power IC. The information regarding the projects is sourced through secondary information sources such as country specific utility players, company news and reports, statistical organisations, regulatory body, government planning reports and their publications and is further validated through primary from various stakeholders such as power utility companies, consultants, energy associations of respective countries, government bodies and professionals from leading players in the power sector.