{"id":80658,"date":"2023-11-16T00:00:00","date_gmt":"2023-11-16T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2023\/11\/16\/scottish-enterprise-commits-gbp-9-mn-in-xlinks-morocco-uk-interconnection-project\/"},"modified":"2023-11-16T00:00:00","modified_gmt":"2023-11-16T00:00:00","slug":"scottish-enterprise-commits-gbp-9-mn-in-xlinks-morocco-uk-interconnection-project","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2023\/11\/16\/scottish-enterprise-commits-gbp-9-mn-in-xlinks-morocco-uk-interconnection-project\/","title":{"rendered":"Scottish Enterprise commits GBP 9 mn in Xlinks\u2019 Morocco-UK interconnection project"},"content":{"rendered":"

<\/strong>More support from Scotland for Xlinks interconnector: <\/strong>State-owned development agency Scottish Enterprise pledged GBP 9 mn in funds to help connect Morocco and Britain\u2019s energy grids for UK-based renewables developer Xlinks\u2019 GBP 18 bn Morocco-UK interconnection project, Morocco World News<\/a> reports. <\/p>\n

Where\u2019s the money going?<\/strong> The funds will go towards repurposing the decommissioned Hunterston nuclear plant in the UK to help with the manufacturing of one of the four high-voltage direct current (HVDC) cables needed to connect the energy grids. The funding package will finance development of the GBP 1.4 bn subsea section of Xlinks, the news outlet writes, citing an earlier report by The Energyst<\/a>. <\/p>\n

The project already has funding from the UAE, UK, and Germany:<\/strong> Xlinks secured GBP 25 mn in funding from the Abu Dhabi National Energy Company (Taqa) and GBP 5 mn from UK-based energy supplier and renewables investor Octopus Energy for the project back in April<\/a>. Earlier in November, German energy consultancy Conenergy invested an undisclosed sum<\/a> in the project under a \u201cfinancial and strategic partnership.\u201d<\/p>\n

When will the project be operational?<\/strong> The project should be fully operational at its complete 10.5 GW capacity in 2030. Securing funding for the project has seen much delay<\/a>, raising the question of whether the company will stick to the initial timeline set last year.<\/p>\n

REMEMBER- <\/strong>The interconnector project will lay 3.8k km high-voltage direct current (HVDC) subsea cable to eventually transport 3.6 GW of renewable energy<\/a> \u2014 nearly 8% of the UK\u2019s current requirements \u2014 from a 10.5 GW solar and wind farm in Morocco\u2019s Guelmim-Oued Noun region to Britain\u2019s power grid in Devon. The renewable plants will be supported by a 5 GW battery storage facility and is expected to be fully operational by 2030. <\/p>\n","protected":false},"excerpt":{"rendered":"

The GBP 18 bn Xlinks project aims to be fully operational at a 10.5 GW capacity in 2030<\/p>\n","protected":false},"author":1,"featured_media":80659,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[104],"tags":[88,328],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-80658","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-renewables","tag-renewables","tag-xlinks","wpautop","entry"],"acf":{"mongo_id":"fdcc2a69-160a-4a4e-811a-a4fc5d76cc6c","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/4\/1046.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Scottish 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