Prysmian Energy Transition 2022

11 | Prysmian Group | Energy transition - White paper 2022 Floating Wind Energy Now floatingwind is entering the stage, with the potential to become a relevant part of the business. Floatingwind farms remove the restriction of being installed in shallowwaters and also have a major advantage as they are assembled in the port and then towed to site by an ordinary tugboat, which also can tow themback to shore for heavy maintenance or final dismantling. Thanks to this advantage, the floating technologywill become competitivewhen the operating costs will reduce. In particular, this segment is gaining a significant boost, due to the fact that floatingwind turbines usemultiple components and similar services developed for the offshore oil&gas industry. EolMed Project Prysmian looks forward to this new technology, leveraging on dynamic knowledge capabilities and experiences, as well as R&D development tailored to suit the integrated view of this subsegment, with focus on dynamic high voltage cables. We are consolidating our position in the floating offshore wind market with the development of an export submarine power cable system for the EolMed project, located in the Mediterranean Sea, 18 kilometres off the French coast of Gruissan, that is scheduled to be up and running in 2023. This is Prysmian’s third floating wind project, following the Kincardine and Provence Grand Large wind farms. Interconnections Interconnectors between countries are another key part of the energy transition: as backbone of power grids, cables are, and will be, an essential part of this development, supporting the implementation of larger, more integrated, efficient and sustainable power transmission systems. We make a complete range of cables that allow the exchange of energy between countries, and sometimes continents. This is particularly true with HVDC cables, where we currently have four different technologies in our portfolio for this sort of energy transmission. Traditional paper cables, still very much in use, are indeed complemented with their highperformance version that use a sandwich of paper and plastic, called PPL, in place of paper. For cable with extruded insulation, our offering includes XLPE cables and our new thermoplastic solution, the already well-known P-Laser. Interconnectors between countries are another key part of the energy transition. We make a complete range of cables that allow the exchange of energy between countries, and sometimes continents.

RkJQdWJsaXNoZXIy Mzc4NjU=