A report published on 5 October has found that offshore electric grids proposed for the North and Baltic Seas will be significantly cheaper to build than expected.


When connecting wind farms to consumers, €14 billion can be saved by building hub connections at sea in place of individually connecting wind farms to the shore with cables.


Furthermore, if a 'meshed grid' was created, costing an additional €5-7bn, between €16-21bn would be compe...

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