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European Offshore Wind Supergrid Deal Signed
A deal was struck today by European ministers keen to implement a European wide ‘supergrid‘ for new offshore wind farms.
A memorandum of understanding was signed by ten ministers from countries bordering the north sea. The memorandum is an agreement to deliver an offshore electricity grid facilitating the interconnection of offshore energy installations such as wind farms with European countries separated by the north sea and Norway.
The ministers have agreed to start working on regulatory and technical matters with an objective of sourcing electricity from a wider European geographical pool of generators. This is expected by the ministers to both increase use of renewable electricity and reduce the cost to the consumer.
Dr Gordon Edge, Renewable UK’s Director of policy said:
“Large scale interconnection with our European neighbours is vital if we are to connect up our massive offshore wind potential and integrate it into European Markets. Today’s agreement is a vital first step forward in agreeing the rules of the game without which investment cannot happen.”
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