The British government has a contract-for-difference (CFD) application (CFD) for the proposed XLinks Interconnector, a submarine cable of 3,800 km, rejected to supply electricity of a planned 10.5 GW solar wind facility in Morocco in the British Grid.
The British Ministry of Energy Security and Net Zero (Desnz) has said that it will not grant a CFD to a submarine cable project that the British developer XLinks is planning to build a 10.5 GW Wind-Solar facility in Morocco with locations in Wales and England. The Desnz was originally planning to grant a 25-year CFD to the project.
“The government has concluded that it is currently not in the British national interest to further consider support for the Morocco-Energie project,” said the Desnz. “The government also believes that domestic alternatives can see larger economic benefits, whether through jobs or supply chains.”
XLinks said that it was “enormously” surprised and “bitter” disappointed by the government’s decision.
“The project does not require prior government investments and offered a very competitive CFD exercise price,” said Xlinks chairman Dave Lewis in a statement. “It would reduce electricity prices by more than 9% in the first year by more than 9%; a GBP20 billion socio-economic value, including a GBP 5 billion ($ 6.9 billion) injection in the green industry of the VK; offer 8% of the VK-electricity needs at the time of the Veiling of the Feed of Feed of the Feed of Feeding of the Gepsip of the Lifting Tips of the Garden of the Garden of the Garden of the Garden of the Garden of the Garden of the Garden of the Light Tips of the Garden of the Garden. Feeding servant serving serving servants.
XLinks said it will not leave the project, with GBP 100 million spent on its development. “The question of money lenders to participate in the construction phase is greater than we need,” said Lewis, without providing additional details.
In May 2022, the British investment company Octopus Energy signed an agreement with XLinks to develop the enormous facility. It was planned to include 7 GW solar sun, 3.5 GW wind and 5 GW/20 GWH battery storage capacity in Morocco.
The Windplosser Complex is designed to connect to the UK Power Network in Alverdiscott, Devon and Pembroke via a 3800 km high -voltage directorage (HVDC) Transmissielijn. The developer said that the project would use four separate cables, making it the longest submarine Power Transmission -link in the world.
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