A $1.3 Billion Power Link Traders Waited Years For Is On At Last
- 600 megawatt line spans sea from Italy to Montenegro
- Balkan candidates for EU get new access to bloc’s power market
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Power traders in southeast Europe finally got the connection they have craved for a decade.
The $1.3 billion interconnector between Italy and Montenegro was launched on Friday, developed by Italy’s Terna Rete Elettrica Nazionale SpA and Crnogorski Elektroprenosni Sistem, the grid manager in the smallest former Yugoslav republic, to facilitate trading and increase security of supply.