Plans for a North Sea “supergrid” linking Scottish offshore windfarms to Europe has been made “top priority” by commissioners.
The proposed £230billion North Sea Electricity Grid project could deliver confidence to investors in a number of planned offshore wind projects in Scotland, and there are hopes construction on the project could start in 18 months.
European Commissioner Miguel Arias Cañete is understood to have confirmed that seed funding for the interconnector project could be financed through the new £220billion Investment Plan for Europe fund, with private sector investment to make up the rest.
Read the full article on our sister website Energy Voice.