Ten European ministers from countries bordering the North Sea have signed a Memorandum of Understanding to develop an offshore electricity grid enabling interconnection between continental, offshore and British energy resources.
The ministers from 9 EU member states and Norway have agreed to start working on regulatory and technical issues, as evidence points to the fact that sourcing electricity from a wider European geographical pool of generators can both increase use of renewable electricity and drive down cost to the consumer.
The ministers from 9 EU member states and Norway have agreed to start working on regulatory and technical issues, as evidence points to the fact that sourcing electricity from a wider European geographical pool of generators can both increase use of renewable electricity and drive down cost to the consumer.
