Image via WikipediaSSE Interconnector, a division of Scottish and Southern Energy, announced the signing of a partnership agreement with Norwegian utility companies to examine ways to link the two electricity grids.
"(A) European grid is essential to ensuring our resources fully contribute to Europe's sustainable energy policy," said Scottish First Minister Alex Salmond in a statement.
Salmond said a Scottish energy center agreed to provide more than $68,000 to help examine the route for the project.
The Scottish government said early estimates envision a 375-mile subsea interconnector with various landing points in Norway and the United Kingdom. SSE Interconnector and its partners will spend the next several years examining the technological viability of the project.
The European Investment Bank announced this week that it agreed to a $616 million loan to help build a 51-mile, 380-kilovolt transmission connection between The Hague and Rotterdam.
The project, the EIB said, would connect offshore wind farms and a British interconnector to the Dutch electricity grid to secure electricity demand in one of the most populated parts of Europe.
