VIEW FROM SCOTLAND: Steven Vass

Two projects are planning to link the UK and Norway

Vattenfall had already been finding Aberdeenshire something of a sticky area, what with the ongoing fandango with Donald Trump and the offshore wind turbine testing joint venture it is proposing in full view of his golf course.

Last week SSE drove another of the Swedish company’s balls into the rough by announcing that it was walking out on NorthConnect, the consortium which is planning to build an interconnector between the region and the western coast of Norway.

This both deprives the project of its only British investor and takes out Vattenfall’s main partner. The two companies were both to be 25% investors in the circa £1.5bn ($2.25bn) and 1.4GW connection, presumably requiring a £375m commitment each, while the remaining three Norwegian partners, E-CO Energi, Agdar Energi and Lyse have 50% between them.

The two obvious…

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