The Celtic Interconnector is a 700 MW electricity link connecting Ireland and France. It is being jointly developed by EirGrid, the Irish Transmission System Operator (TSO), and Réseau de Transport d’Électricité (RTÉ), the French TSO and Transmission Asset Owner. It will be the first direct electricity interconnector between Ireland and Continental Europe. Currently, Ireland’s electricity system is only connected directly to the UK. Since the UK’s departure from the EU, this has meant that Ireland has no direct connectivity to the EU - the EU has a target of 15% interconnectivity between all EU counties by 2030.