If Laurent Segalen gets his way, one day Britain’s homes could be powered by Canada’s wind turbines and hydroelectric dams. He is one of a trio of clean energy investors who have just begun fundraising to build the world’s biggest subsea power cable, to connect the grids of Europe and Canada.
Provocatively, he called the project Nato-L, even though it has no connection to the military alliance. He named it to fit the acronym because he thinks the North Atlantic Transmission One Link would be good for national security, allowing friendly countries to trade electrons rather than relying on the unpredictable international gas market.
“The problem we have in Europe is that because we import so much fossil fuel every year, 4 per cent of
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