SUPERGRID IS A SUPER DEAL
U.K. Lawmakers: 'Supergrid' Could Reduce Cost Of Offshore Wind Power By 25%
22 September 2011 (North American Windpower)
"A network connecting the electricity system in the U.K. with that of mainland Europe could reduce the costs of interconnecting offshore wind farms by 25%...
"In addition, the hypothetical ‘supergrid’ could create up to 775,000 jobs across Europe by 2020, the U.K. parliament's Energy and Climate Change Committee [report calculated]…"
The ultimate goal (click to enlarge)
"…[T]he development and construction of such a grid could cost 200 billion euros (approximately $275 billion)…
"Companies including GE, Siemens and National Grid have expressed support for the supergrid concept…"
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