interconnector

  1. Home
  2. interconnector
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…
Read More
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…
Read More
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…
Read More

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…
Read More

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…
Read More

Maximum revenues set for UK-Denmark interconnector

Maximum revenues set for UK-Denmark interconnector: The 1.4GW Viking Link project Final Project Assessment has been published by Ofgem, which will connect the UK from Lincolnshire to Denmark. The regulator under its cap and floor scheme, sets the cap on the maximum revenue a developer can earn and a floor for the minimum. Currently standing…
Read More
Menu