(IN BRIEF) Iberdrola, through ScottishPower, has secured £600 million in financing from the National Wealth Fund to advance the Eastern Green Link 4 project, a major subsea electricity interconnector linking Scotland and England. The 2GW, 530 km HVDC cable will … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged Clean Power targets, decarbonisation, Douglas Alexander, Eastern Green Link 4, EGL4, electricity transmission, electrification, energy security, energy transition, Fife, HVDC interconnector, Iberdrola, Iberdrola Expands UK Network Investment Programme with £600 Million Backing for High-Capacity Electricity Interconnector, Iberdrola Secures Major Investment to Deliver Eastern Green Link 4 Enhancing Renewable Energy Transmission Across Britain, Keith Anderson, Michael Shanks, National Energy System Operator, National Wealth Fund, NESO, Norfolk, Oliver Holbourn, power network expansion, Public Private Partnership, Rachel Reeves, renewable energy, ScottishPower, Subsea Cable, UK energy infrastructure, UK grid investment
(IN BRIEF) The Eastern Green Link 1 project, a joint venture between SP Energy Networks and National Grid Electricity Transmission, has begun construction on a subsea electricity cable that will provide green power to two million homes. This £2.5 billion … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology, United Kingdom
Tagged alternating current, Carl Trowell, clean energy, climate goals, direct current, Eastern Green Link 1, economic development, electricity cable, Energy Innovation, energy security, energy transition, environmental impact, GE Vernova, green electricity, Hawthorn Pit, local community benefits, METLEN Energy & Metals, Michael Shanks, National Grid Electricity Transmission, Nicola Connelly, Ofgem, partnership, Paul McLennan, Prysmian, renewable energy, Social Value, SP Energy Networks, subsea electricity superhighway, sustainability, Torness, UK energy grid, UK energy infrastructure, £2.5 billion investment
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