NorNed is a 580-kilometre (360 mi) long HVDC submarine power cable between Feda in Norway and the seaport of Eemshaven in the Netherlands, which interconnects both countries' electricity grids. It is the longest submarine power cable in the world. Budgeted at €550 million, and completed at a cost of €600m, the NorNed cable is a bipolar HVDC link with a voltage of ±450 kV and a capacity of 700 MW.