The North Atlantic Transmission One Link (Nato-L) wants to connect the European & American electricity grids via a 3,500 km cable to share excess renewable energy.
Ireland is at the centre of plans for a powerful new trans-Atlantic electricity link aimed at protecting Nato members’ energy security, the Irish Independent has learned.
So 15.75% of the electricity would just vanish. That takes the shine off it a bit although if the price difference is big enough it would still be worth doing.