EU money injects new life into electricity interconnection

The European Commission today allocated over € 903 million to electricity interconnection projects as part of its broader European Economic Recovery Plan.

Nine projects received funding, including the vital France-Spain interconnection, which has been planned for a long time. Funds will also be allocated to a link between Sweden and the Baltic States, the Nordbalt line, as well as to reinforce an interconnection between Finland and Estonia, Estlink-2, amongst other transmission lines.