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Dutch electricity transmission system operator TenneT has announced that it will be laying a 300-kilometer subsea cable to share electricity between Denmark and the Netherlands.

TenneT has partnered with Danish counterpart to allow the two countries to share their renewable energy resources. The cable will have a capacity of 700 megawatts, and will run from Eemshaven, Groningen to Endrup, Jutland. Construction is expected to start in early 2016 and be completed by early 2019. TenneT and will each take 50 percent ownership in the project.

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