Nobody seems to have told Europe’s power industry about Brexit.
Even as Britain begins its exit from the European Union, there are at least 12 projects worth more than £10 billion ($11 billion) combined in the works to expand the island nation’s connection to the surplus generating capacity on the continent. That’s because of the potential for profit in Britain, where a levy on carbon emissions and a lack of new generators to replace old plants means wholesale prices are a third higher than in France and as much as 80 per cent above the Nordic market.
The size of the investments
