Hecate Independent Power (HIP) – a new collaboration between the US and UK – is eying up a mammoth 10 GW plan to power the UK’s national grid with offshore wind from Iceland’s North Atlantic Ocean. The HIP Atlantic project – which will include an HVDC transmission link between the UK and Iceland – has an initial estimated cost of £21 billion. HIP has already submitted four separate connection applications with the UK’s National Grid company, detailing a combined initial connection of 4,000 MW of capacity to its 400 kV system. The dispatch of the system will be solely allocated by the National Grid, which will make the project the first of its kind to be operated in overseas territorial…