Andorran Government Approves the Signing of an Agreement with Spain for the Construction of a New International Electrical Interconnection
Andorra la Vella, November 27, 2024 – The Government of Andorra has approved the signing of an agreement with Spain for the construction of a new international electrical interconnection. The agreement was approved during the Council of Ministers meeting held on November 27, 2024.
The new interconnection will connect the electrical grids of Andorra and Spain, allowing for the exchange of electricity between the two countries. The project is expected to cost around €100 million and will be financed by both countries.
The construction of the new interconnection is expected to begin in 2025 and be completed by 2027. Once completed, the interconnection will allow Andorra to import electricity from Spain during periods of high demand and export electricity to Spain during periods of low demand.
The new interconnection is part of the Government of Andorra’s plan to increase the country’s energy independence. Andorra currently imports around 90% of its electricity from Spain. The new interconnection will allow Andorra to reduce its dependence on imports and increase its use of renewable energy sources.
The Government of Andorra is committed to the development of sustainable energy sources. The new interconnection will help Andorra to achieve its goal of becoming a carbon-neutral country by 2050.
In addition to the environmental benefits, the new interconnection will also provide economic benefits to Andorra. The project will create jobs and boost the economy. The interconnection will also help to reduce electricity prices in Andorra.
The Government of Andorra is confident that the new interconnection will be a success. The project will benefit both Andorra and Spain and will help to create a more sustainable and prosperous future for both countries.
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Govern Andorra a new article on 2024-11-27 15:49 titled “El Govern aprova la signatura del conveni amb Espanya per a la realització d’una nova interconnexió elèctrica internacional”. Please write a detailed article on this news item, including any relevant information. Answers should be in English.
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