Construction of a new subsea power link to France that was thrown into doubt by the Brexit vote will begin in September, National Grid has said. The £590 million IFA2 interconnector is due to run 127 miles between the Normandy and Hampshire coasts, enabling 1 gigawatt of electricity to be imported and helping to bolster security of supply. It is being developed jointly by National Grid and RTE, the French grid operator, and is due to be up and running by 2020. The project suffered an unexpected setback in December when CRE, the French energy regulator, withheld approval of the project and began a new consultation on the impact of Brexit.
Times 11th Feb 2017 read more »