RE: If we are part of this13 Dec 2025 12:26
I think I might be the best person to answer this in this board.
I am working with interconnectors since 2016 as a system design engineer. I have 28 years experience in power industry.
The answer to your questions is no but it is indirectly related to us.
This article focuses the cross-border cooperation which is mostly the interconnectors. People started to realize how important they are for the grids.
They are simply acting as high-voltage links between countries to share surplus power. As you know, interconnectors can balance the supply and demand, hence prevent renewable energy waste by connecting offshore wind to the grid.
Just to give you an example, not many people have noticed this but Viking Link, the world's longest subsea electricity interconnector between the UK and Denmark, played a crucial role in averting a potential major power outage in the UK early this year.
So, how this is related to us.
At the moment, offshore wind farms and interconnectors operate separately, connecting to the shore individually. In the future, Offshore Hybrid Assets (OHAs) could enable offshore wind and interconnectors to work together. Instead of individual wind farms connecting one by one to the shore, OHAs will allow clusters of offshore wind farms to connect all in one go, plugging into the energy systems of neighbouring countries which will reduce the infrastructure needed.
Here it comes. There is also another good solution here works together with the clusters of offshore windfarms.
Energy islands.
These high-tech clean energy hubs will serve as a production and delivery of green hydrogen.
Lets's look at Denmark for example.
Denmark's energy islands are offshore hubs in the North Sea and Baltic Sea designed to collect vast amounts of wind power, convert it into green hydrogen (Power-to-X).
Or Belgium. While Denmark is also building its own major energy island in the North Sea, the world's first artificial energy island is Princess Elisabeth Island, under construction in the Belgian North Sea, designed as a hub for offshore wind power, connecting farms, and trading green energy, aiming for completion by 2030.
That's why we say future is bright for ITM Power. That's why when people ask here what we think about the SP's daily or even weekly movements, some of us just don't bother to reply. It is meaningless to me.
If you are patient, can wait until 2028-2029, this share has a massive potential. Just be patient.