UK, Norway Build Electricity Interconnection
The Norwegian Government has granted a license for the longest sub-sea electricity interconnector in the world, to be built between the United Kingdom and Norway. The interconnector, known as NSN, will connect the countries’ electricity systems, bringing Norwegian renewable energy to Europe.
The new cable will allow the UK to import large amounts of hydroelectricity.
The project is still subject to progress with the regulatory settlement between Ofgem and the project developers Statnett and National Grid, but the project is expected to reach final investment decision in spring 2015.
NSN is one of five interconnector projects, which recently applied to be assessed under Ofgem’s new regulatory regime for interconnector investment, in addition to the NEMO interconnector to Belgium which piloted the regime and expects to make an investment decision early next year.
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