Grid Link, the €500m project which would have seen 250km of new power cables installed in Munster and Leinster, has been shelved by EirGrid. EirGrid has said that there is less demand for electricity now than was forecast when the project was initially discussed and it has been changed to a regional plan, which is set to cost €157m. This represents a saving of €59m on new overhead lines or €487m on new underground cables.