Viking Link and Brexit
On 23 June 2016, the UK voted to leave the European Union (EU).
The outcome of the referendum does not influence the plans to build and operate Viking Link between the UK and Denmark.
The Project, which is jointly funded by National Grid Viking Link Limited (NGVL) and our partner Energinet, has been granted regulatory approval by the British regulator, Ofgem which closely scrutinizes the costs and benefits of projects to ensure they deliver the right value to British consumers.
We continue to believe there is a strong business case for Viking Link post-Brexit. The UK Government recently reiterated its support for new electricity links between Great Britain and other countries to deliver a more secure, sustainable and affordable supply of electricity for consumers.
We believe energy should be a priority as the Government begins negotiations on Britain’s exit from the EU.
For more information on the result of the EU Referendum and it’s possible impact, please use the following links: