Fire at key UK substation knocks out link to France

An interconnector between Britain and France is offline due to a substation fire in the UK, resulting in a price surge on both gas and electricity amid already record highs.

By Edward Evans & Rachel Morison, Bloomberg News

A large fire at a key electricity converter station in the UK has shut down a major cable that brings power from France, worsening Britain’s energy crunch. Gas and power prices jumped.

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