Undersea electricity cables could become increasingly common as governments drive their energy strategies towards renewables. As countries develop their wind and solar power industries, there will be a greater incentive to build undersea cables that can promote power-sharing across regions. The first of many new major cables is set to be built between the U.K. and Germany at an anticipated cost of $1.95 billion. The NeuConnect project will allow for 1.4 GW of electricity to go to and from the two countries through subsea cables covering a distance…
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