The so-called submarine cable will cross international waters and dip into the territorial waters of European countries such as Portugal, Spain and France four times, which the promoter expects will make it easier to obtain construction permits. Regarding its deployment, the route that has been considered is the shallowest one, i.e. 700 metres.
Moreover, Xlinks plans to sell the electricity to the UK grid under a contract for difference. As such, the company plans to inject electricity into the UK for a CfD price of around £0.048 ($0.67)/kWh, which would be a little more than the £0.040/kWh or so of the current offshore wind tenders. The project would be worth around £18 billion. All of this is to help further the penetration of offshore wind which is an issue these days but also to contribute to the overall decarbonisation of the country of Morocco.
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