https://youtu.be/5c36TSRWf5o
(Bloomberg) — French energy regulator, CRE, has rejected a request to build the Gridlink interconnector between Britain and France because of increased uncertainty since Brexit. The 1.4 gigawatt project was being developed by a private company, GridLink Interconnector Ltd, and was supposed to be operational from 2025. The link was awaiting regulatory approval from CRE and Ofgem. Studies showed that Brexit could have a significant impact on the benefits of interconnection projects, CRE said. The measures in the Brexit agreement to try to link the U.K. with other markets have many uncertainties, it said. It had been picked out as a project of common interest by the European Union, which allowed it to apply for financing from the Connecting Europe Facility, an EU fund for infrastructure investments across the union. Last week, Britain rejected a politically controversial 2,000-megawatt power cable to France proposed by Aquind Ltd. Business Secretary Kwasi Kwarteng refused to grant a development consent order, the final stage in the planning process, despite a recommendation from the examining authority that the project be approved. NN: France has the cheapest power in Europe even though rate have gone up. 80% of French electricity is nuclear. And they have excess power to sell. England and Germany bought into the grrenniwinne lie and they can not generate enough power to meet demand.