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Iceland to get second opinion on power cable


The Icelandic industry minister has stated the government plans to commission another study on the feasibility of laying a power line to Scotland. Ragnheiður Elín Árnadóttir said that initial studies had forecast a broad disparity in the amount of annual revenue Iceland could expect to get from the project. 

The minister said that the revenue forecasts varied from ISK4 billion to more than ISK70 billion. She added that with this degree of uncertainty it would be virtually impossible to make an informed decision on whether the power cable would actually benefit Iceland...