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-0.000465507331740571 -0.000168627655885609 9.50014962733449E-06 -0.00117801855379235 -0.000228003591056703 -0.000346755461398553 -0.000465507331740571 -0.00224678538686984
Stock impact report

National Grid and TenneT Germany announce GriffinLink MPI offshore project [Yahoo! Finance]

National Grid Transco, PLC National Grid PLC (NEW) American Depositary Shares (NGG) 
US:NYSE Investor Relations: investors.nationalgrid.com
Company Research Source: Yahoo! Finance
link British and German offshore wind generation to the electricity networks of both countries. This marks an advancement towards an integrated and flexible energy network for Great Britain and Germany, supporting secure and affordable energy delivery. GriffinLink is designed to contribute to security of supply and market integration across north-western Europe. The cross-border hybrid system will allow renewable electricity to be transmitted from where it is generated directly to where it is required. The integrated solution facilitates the improved utilisation of grid resources and increases efficiency in renewable energy deployment across national borders. The project aims to reduce costs and the need for supply chain materials, while also minimising environmental impacts and effects on coastal communities. As a multi-purpose interconnector harnessing wind power in both countries, GriffinLink would be the first initiative of its kind in Europe, representing a milestone fo Show less Read more
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