Positive
Project advancing - milestone achieved
High Impact
Major milestone or critical setback
In its August 2014 response to Ofgem’s consultation on the future of electricity interconnection, Atlantic Superconnection Corporation stated that its final investment decision (FID) for the proposed Iceland–UK interconnector was planned for 2016, as part of a timetable that included seabed surveys in 2015, detailed design work through 2016, construction starting in 2017/18 and commissioning in 2021/22. This signalled the developers’ intended schedule for securing full project financing and formally committing to build the Atlantic SuperConnection, although this FID has not yet been reported as taken.