EnergyWatch

British energy regulator leans towards approval of Norwegian cable

The UK Office of Gas and Electricity Markets takes a positive stance on the 650 km NorthConnect cable which will transport electricity through the North Sea, as well as two additional cables. However, the regulator points out that there are tight schedules and Brexit could affect the project.

Photo: Global Tech

The UK Office of Gas and Electricity Markets (Ofgem) has evaluated three cable projects in a report and taken a preliminary positive stance on all of them.

The projects are GridLink, which connects the UK with France, NeuConnect between the UK and Germany, and NorthConnect to Norway.

"We are minded to grant GridLink, NeuConnect and NorthConnect a cap and floor regime in principle, subject to the IPA conditions 2 . On the basis of our assessment, we expect these projects to be in the interests of GB consumers as well as connected countries and Europe as a whole," writes Ofgem in the report.

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