More Facts And Figures

1999 

Start BritNed feasibility study

March 2000

Ready first economic study

October 2000

Ready feasibility study

20 October 2001

Establishment BritNed Development Ltd.

Summer 2003

Offshore seabed survey

April 2005

Completion environmental impact studies

2007

Awarded contracts to construction partners

2008

Manufacturing of cables and electrical equipment
Environmental mitigation

May 2008 – December 2010

Construction of converter stations

September 2009 – October 2010

Cable installation

February 2010 – December 2010

Development of explicit trading platform with Unicorn Systems
Development of implicit auction model with APX-ENDEX

October 2010 – March 2011

Testing performance cable and trading platforms

24 March 2011

First explicit auction

31 March 2011

First implicit auction

1 April 2011

BritNed operational