, the government of Iceland was in talks with the government of the United Kingdom about the possibility of constructing Icelink, a high-voltage direct-current connector for transmission of electricity between the two countries. Such a cable would give Iceland access to a market where electricity prices have generally been much higher than those in Iceland. Iceland has considerable renewable energy resources, especially geothermal energy and hydropower resources, and most of the potential has not been developed, partly because there is not enough demand for additional electricity generation capacity from the residents and industry of Iceland; the United Kingdom is interested in importing inexpensive electricity from renewable sources of energy, and this could lead to further development of the energy resources.