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Solid backing for power interconnection

The last EU summit revealed that once again European nations do not agree on energy policy. The fact that Spain and Portugal are fighting to get 10% interconnection with France through 2020 or 15% through 2030 shows how much work there is to do.

Still, what Spain achieved in Brussels shows that the Commission is offering its support by financing up to 50% (2.5 billion euros) of the infrastructure costs. Three operators working in Portugal, Spain and France have worked out a successful deal that is bound to result in more than just a power interconnection.

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