In July 2016, after completion of a
feasibility study the two countries agreed to proceed with a two-year planning phase. In May 2018, the project was granted a foreshore license to begin marine surveys for the potential landing sites at Ballinwilling, Claycastle and Redbarn beaches, County Cork. In 2018, the project was given preliminary approval for
European Investment Bank funding as part of preparations by Ireland for Brexit, for €530million. By 2019, the project had been designated a European Project of Common Interest as part of the
European Super Grid. Three potential landing sites on the Cork coast were identified and six locations (Ballyadam, Leamlara, Knockraha, Pigeon Hill, Kilquane and Ballyvatta) were under consideration for the HVDC converter station. By 2019, due to the potential impact of
Brexit on electricity trading over the existing Ireland UK HVDC interconnectors, planning for the Celtic Interconnector had accelerated. In December 2020, EirGrid and RTE signed a €520million
European Commission funding agreement for the Celtic Interconnector. As of 2021, the cable was expected to be operational in line with the original schedule, by 2026. In August 2021, the project was at step five in the planning process and was expected to continue until 2022. In May 2022,
An Bord Pleanála granted permission for the onshore portion of the project while in August 2022, the Department for Housing Local Government and Heritage granted the project a foreshore licence, an important permit for the undersea work involved. On 14 September 2022, the UK
Marine Management Organisation granted a licence for the project to proceed. This was the last major license required before Step 6 construction could start in late 2022. In January 2025, with the project having been underway for about 15 months, EirGrid announced the opening of the next phase of community benefit sharing for the Celtic Interconnector project. By July 2025, the expected commissioning date for the project had slipped to spring of 2028. ==Consequences==