Beatriz Corredor, chair of the holding company Redeia, stated in an interview with EFE that the Spanish and Portuguese electrical systems form a vital renewable energy hub for Europe. She emphasized the urgent need for increased interconnections to achieve a single European energy market, noting that the Iberian Peninsula currently remains below a 3% interconnection level. Corredor also addressed the complexities of potential subsea projects, such as a proposed link with Ireland, highlighting the technical challenges and the necessity for thorough cost-benefit analyses.