EU countries launch North Sea electricity grid

Euractiv, December 06, 2010

Ten European countries, including Norway, have agreed to develop an offshore electricity grid at the North Sea, in a bold move that promoters say will give Europe the possibility of tapping into an even bigger source of energy than the Middle East's oil capacity. Ministers from all the ten 'North Seas Countries' signed of a 'Memorandum of Understanding' on December 3 to develop an offshore electricity grid seen as a major step forward for a single European market for electricity. Read more...