
Britain Shuns $34 Billion Morocco-UK Subsea Power Project (reuters.com) 86
Xlinks' Morocco-UK power project would have tapped Moroccan renewable energy via what would have been the world's longest subsea power cable. The plan involved building 3,800 kilometers (2,361 miles) of high-voltage direct current subsea cables from Morocco to southwest England. The company had been seeking a guaranteed minimum price for the electricity supplied, known as contract for difference, from Britain's government.