According to Landsvirkjun, it will take about five years to complete feasibility and other work, and if a decision is made to go ahead, construction and installation would take a further five to six years.[5]
The cost is as of 2023 expected to be €3.5 bn ($3.8 bn), for the cable and stations, not counting additional power plants.[6]
Status
In 2017, the main proposal for the project was still at the feasibility stage,[2] and, as of 2019[update], no further progress had been reported.[5] As of 2019, the "Atlantic SuperConnection" proposal had still not obtained the required financial support from the UK government.[3][4]
The link is highly controversial in Icelandic politics, with a fear of environmental effects associated with increasing Iceland's power supply to meet Icelink's demand, as well as concerns over increased domestic energy prices in Iceland. For the project to move forward, the Icelandic parliament needs to accept the construction, which as of 2022 is not likely.[7]
Xlinks Morocco-UK Power Project – Proposed electricity interconnector between Morocco and Great BritainPages displaying short descriptions of redirect targets
^Hauksson, Arnar Páll (22 August 2019). "Sæstrengur ekki lengur samkeppnishæfur?" [Submarine cable no longer competitive?]. RÚV (in Icelandic). Retrieved 28 February 2022.
