Green light for £2bn North Sea cable to power millions of UK homes November 15, 2024 A £2bn subsea and underground cable which will power millions of UK homes has received final funding approval today. The 196km-long Eastern Green Link 1 (EGL1) cable, which will be primarily laid under the North Sea, is expected to bolster the UK’s energy security and reduce customer bills by £870m per year. The National Energy [...]