July 30, 2023
Will there be enough cables for the clean energy transition?
By admin | |
Major European electricity interconnections are behind schedule because of “cable market congestion”. Raw materials such as copper are in short supply and 3 manufacturers, Italian Prysmian, Danish NKT and French Nexans control 75% of the market. Analysts doubt production capacity will align with the pace at which new projects need to be built.