Green light for £2bn North Sea cable to power millions of UK homes

City A.M.

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A £2bn subsea and underground cable which will power millions of UK homes has received final funding approval today/ The 196km-long Eastern Green Link 1 (EGL1) cable, which will be primarily laid under the North Sea, is expected to bolster the UK’s energy security and reduce customer bills by £870m per year. The National Energy [...]

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