£4.3bn Renewable Energy Cable to Link Scotland and England
Regulator Ofgem approves major subsea project to enhance UK's electricity grid and support net-zero goals by 2030.
- The Eastern Green Link 2 project will connect Peterhead in Aberdeenshire to Drax in North Yorkshire
- The 315-mile subsea cable will transmit enough power to supply two million homes.
- The initiative is part of a broader effort to modernize the energy grid and increase renewable energy capacity.
- Construction is expected to begin later this year, with the cable operational by 2029.
- Ofgem's fast-track approval process aims to expedite the UK's transition to clean energy.