Project of Common Interest
The NorthConnect scheme was, in 2013, designated as a “Project of Common Interest” or PCI, within the legal framework of the European Union and European Economic Area, of which Norway is also a signatory state.
This means that NorthConnect is seen as a very important project for achieving Europe’s energy market and climate change targets. NorthConnect is on the 1st and 2nd Union-Wide lists for PCI's, and is currently in the assessment process for the 3rd running throughout 2017.
In February 2017 it was annouced that the NorthConnect PCI is eligible to receive development funding from the EU. More information in a press release here.
Details of the public consultation being undertaken in the UK can be found here, and details of the Norwegian public consultation can be found here.