The Times - UK (2020-08-07)

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20 2GM Friday August 7 2020 | the times


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letter Eurotunnel calls that “a delaying
tactic”. Eurotunnel would not comment
on a leaked letter but a spokesman said:
“The question should be why British
experts are still delaying their approval
when the French safety authority has
given its green light. Could it be related
to Aquind or other interconnector pro-
jects, or is it just shocking inefficiency?”
Aquind is a British-registered firm
and political donations are properly
made and declared. The planning deci-
sion on the Aquind scheme — a 2gw
cable it claims would provide up to 5 per
cent of UK power — will be made by the
energy minister, Kwasi Kwarteng.
A transport department spokesman
said that assessment of the Eurotunnel
project was continuing and: “We will
not compromise on rail safety.”

ANDREW MILLIGAN/PA

Eurotunnel rival


to energy project


is left in limbo


Boris Johnson has been threatened
with legal action over delays to an
energy project amid concern that his
ministers are focusing on a rival scheme
backed by Tory donors.
Eurotunnel’s £600 million plan to lay
a cable linking the British and French
power grids through the Channel
Tunnel has been delayed at a cost of
hundreds of millions of pounds in lost
revenue. The Times has seen a legal let-
ter to the body overseeing the tunnel,
copied to the prime minister, which
warns: “Any further delay in deciding
whether to proceed with the project
would further increase this loss, forcing
Eurotunnel to seek compensation by
using all legal means at its disposal.”
Ministers backed the tunnel scheme
in 2017 and the company has built con-
verter stations, manufactured the 1gw
cable and received the go-ahead from
French regulators. “They’re ready to go
and no one knows what the hold-up is,”
a Whitehall source said.
There is concern in the energy sector
that the government is favouring an
undersea interconnector proposed by
Aquind, a large donor with close ties to
the Conservative Party.
Aquind’s owner, whose identity had
been hidden by Companies House, is
Viktor Fedotov, a former executive in
the Russian oil industry. One of
Aquind’s directors is the Tory activist
and donor Alexander Temerko, 53, who
ran a Russian state arms business and
was an oil executive before he fled
Russia in 2004. Since 2011 Mr Temerko
or companies he is associated with have
given £1.3 million to the Conservatives,
including sums to five cabinet ministers
or their constituency parties.
Eurotunnel, which makes no political
donations, needs final safety approval
from UK officials on the Channel Tun-
nel intergovernmental commission.
Britain missed a July 24 deadline for a
decision, blaming Covid-19. In its legal

Sean O’Neill Chief Reporter

Head start An art and whisky auction at Lyon and Turnbull, Edinburgh, includes a 19th-century ram’s head valued at £


Behind the story


O


fgem and the government
have encouraged the
construction of
“interconnectors” such as
Aquind’s between Britain and the
continent to improve the security
of the power supply and support
the shift to greener energy
(Emily Gosden writes).
When output from British
wind and solar farms is low,
French nuclear power can be
imported; when it is high, France
can use British electricity.
Most interconnectors are laid
along the seabed but there is a
plan for one, called Eleclink, to
go through the Channel Tunnel.
Interconnector operators sell the
right to use the cable to
international electricity traders.
National Grid is building
further links with France,
Norway and Denmark, scheduled
for completion this year, next
year and in 2023 respectively.

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