The Celtic Interconnector has long been in the works. Since Brexit, the project has enjoyed a boost in political support, as it will be Ireland’s only physical power connection to an EU member state once it is completed.
In terms of capacity, the cable will be able to handle 700 megawatts – roughly enough to power nearly half a million homes – and will also carry a fire-optic link that will improve communication services.
Costing nearly €1 billion, the EU has met more than half the costs through its dedicated cross-border infrastructure fund. France and Ireland are picking up the rest of the bill.
Michael Mahon from Ireland’s grid operator said: “This brings us one step closer to the many benefits this project will bring, including improving the security of electricity supply, helping to achieve our climate objectives and reducing the cost of electricity.”
The interconnector’s backers are now moving onto the construction phase of the project. Converter...