GERMANY and UK - The NeuConnect project is set to become the first interconnector between Germany and the UK.

Energy Live News has announced that The European Investment Bank (EIB) should provide €400 million ($409.8 million) to support a new planned interconnector connecting Germany and the UK.

The NeuConnect project, which is expected to start operation in 2028, is set to become the first interconnector between Germany and the UK.

The 1.4GW project should have a route length of 725 kilometers (450.5 miles) and should connect a converter station and German grid interface to Tennet's electricity network near Fedderwarden, and a converter station and grid interface on the Isle of Grain in the UK to the National Grid ESO network.

EIB Vice-President Ambroise Fayolle said: "Cross-border electricity trade can help redirect power to where it is most needed and can thus contribute to the integration of renewables and the stability of the energy supply."

Source: Energy Live News