France Rejects Power Cable to U.K. Due to Brexit Uncertainty (1)

France’s energy regulator has rejected a request to build an electricity interconnector between Britain and France because of increased uncertainty since Brexit.

The 1.4 gigawatt project was being developed by a private company, GridLink Interconnector Ltd, and was supposed to be operational from 2025. The cable was awaiting approval from regulators CRE and Ofgem.

Studies showed that Brexit could have a significant impact on the benefits of interconnection projects, CRE said. The measures in the Brexit agreement to try to link the U.K. with other markets have many uncertainties, it said.

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