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Longest Subsea Power interconnector links UK & Norway

Longest Subsea Power interconnector links UK & Norway : A new underwater power interconnector, thought to be the world’s longest, now connects the United Kingdom and Norway, allowing the two countries to share renewable energy for the first time. The €1.6 billion (£1.4 billion) North Sea Link (NSL), a joint venture between the United Kingdom’s…
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British Utilities - Union Flag

Ireland & UK interconnector presents EPC agreements

Ireland & UK interconnector presents EPC agreements: The £405 million under the sea electricity interconnector that will link Ireland’s & Britain’s grids has awarded deals to Siemens Energy & Sumitomo Electric to provide high-voltage direct current (HVDC) cable and converter tech. The 190-kilometre long electricity interconnector Greenlink is created to permit power flow in each…
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British Utilities - Union Flag

A fire at an interconnector is expected to raise energy rates

A fire at an interconnector is expected to raise energy rates: A fire at National Grid’s IFA Interconnector in Sellindge, Kent forced the evacuation of the facility, but it might potentially have a significant impact on Energy Bills. The British-French subsea power link is a joint venture between RTE, the french transmission operator, and National…
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British Utilities - Union Flag

Electricity imports hit a new high for Britain in August

Electricity imports hit a new high for Britain in August: A new record has been set in Britain for electricity imports last month. On 20th August at 12.20 pm  the country reached a peak of 5.8GW, this is according to research by the energy market analyst EnAppSys. The trial imports coming from the NSL link…
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Impact of North Sea Link on GB energy market

Impact of North Sea Link on GB energy market: June 2021 saw the first electricity flows across Britain’s latest interconnector, the 1.4GW North Sea Link (NSL) with Norway. The interconnector will commence full operation on 1 October, supplying GB with relatively cheap, low carbon electricity imports. Recent analysis from Cornwall Insight looks into this new…
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Interconnectors plugging CM's new-build generation gap

Interconnectors plugging CM’s new-build generation gap

Interconnectors plugging CM’s new-build generation gap: T-4 Capacity Market (CM) auctions have traditionally been a potential signal for new-build generation with their longer-term procurement structure. However, research from Cornwall Insight on the T-4 CM auctions has seen an irregular new build development pattern emerge. In the seven T-4 auctions held since the CM’s inception, 12.6GW…
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CCGT plants help balance the market during price spikes

CCGT plants help balance the market during price spikes

CCGT plants help balance the market during price spikes: January saw the day-ahead baseload power price (for a 24-hour period) reach £100.0/MWh or higher on seven separate occasions including four consecutive days between 11 and 14 January, while imbalance prices reached a record high of £4,000.0/MWh. During this time, the vast majority of offer volumes…
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Brexit impacts | Divergent

Brexit impacts | Divergent electricity prices

Brexit impacts | Divergent electricity prices: Since the start of the year, as a result of Brexit, Great Britain‘s (GB’s) internal and cross-border trading has been temporarily decoupled from European power exchanges. This is expected to result in less efficient trades; interconnector flows and divergent electricity prices between power exchanges. Research from Cornwall Insight examining…
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Ireland will need to more than double its renewables

Ireland will need to more than double its renewables capacity over the next 25 years to meet 2050 targets: Findings from Cornwall Insight’s ‘All-Island forward curve’ – a comprehensive market and asset-level power price modelling service – shows that Ireland will need to more than double its renewable capacity over the next 25 years if…
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British Utilities - Union Flag

National Grid starts 149 mile undersea cable

National Grid starts 149 mile undersea cable: The National Grid has launched a brand-new under sea power cable to France which has the potential to power 1 million homes with renewable energy. Running adjacent to the sea bed between Portsmouth, Hampshire UK and near Caen, Normandy, the 149 mile length of power cable will eventually…
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