A privately funded project has announced it will build a Â£1.1bn cross Channel electricity cable which will double the amount of energy the UK presently receives from France.The cable, called an interconnector, will run from Lovedean, near to Portsmouth to the Le Havre area. Developer, Aquind, which is led by Ukrainian businessman Alexander Temerko, is behind the project. The company said the 150-mile cable would come online in 2021. It plans to deliver up to two gigawatts to the National Grid, which has signed a connection agreement with it.
BBC 13th June 2016 read more »