London, Jan 26 (V7N) — Britain has joined forces with eight European countries, including Norway, Germany, and the Netherlands, to build wind farms in the North Sea. A key feature of the project is a first-of-its-kind subsea cable interconnector, which will link multiple countries for energy transmission, BBC News reported on Monday.

The British government said the system is designed to reduce reliance on fossil fuels and stabilize energy supplies. Officials also suggested it could help lower electricity prices across the region.

However, the initiative has sparked debate. Critics argue that allowing wind farm operators to sell electricity at peak rates could increase prices due to potential supply shortages. Norway, for instance, has already imposed limits on electricity exports to safeguard domestic supply and has declined a new interconnector with Scotland.

Currently, the UK is connected to the European electricity grid through 10 submarine cables, which, according to the National Grid, have saved British consumers approximately £1.6 billion since 2023.

Participating nations aim to complete the project by 2050, and analysts predict it could play a significant role in meeting Europe’s future energy demand.

END/SMA/AJ