Nemo Link power cable from Britain to Belgium starts operations [Reuters]
National Grid Transco, PLC National Grid PLC (NEW) American Depositary Shares (NGG)
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Source: Reuters
Nemo Link power cable from Britain to Belgium starts operations | Reuters 2 Min Read LONDON, Jan 31 (Reuters) - A new power cable between Britain and Belgium, which has the capacity to provide power for one million homes, began operations on Thursday, the UK’s National Grid said. The 560 million pound ($735 million) Nemo Link, a joint project between National Grid and Belgian transmission system operator Elia, is capable of transmitting a gigawatt (GW) of electricity and is one of a handful of new interconnectors being built between Britain and continental Europe to increase the UK’s power supply flexibility. “Interconnectors like Nemo Link are the perfect tool to move renewable energy from where it is produced to where it is needed most,” said John Pettigrew, chief executive of National Grid, which owns and operates much of Britain’s energy distribution network. “By connecting the UK and Belgian electricity markets, we will also ensure customers have access to different sources of ge
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