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During 2021, interconnectors provided 28TWh of electricity to the UK, which equates to 10% of total demand, whilst in 2009 this figure was 7TWh. [1] Interconnectors allow the trade of electricity between countries with excess renewable generation and those with high demand.
Electricity interconnection as percentage (EIL = electricity interconnection level) of installed electricity production capacity in 2014; the EU goal of at least 10% for 2020, and 15% for 2030. [3] Alternative formulas for calculating interconnection levels are based on peak load instead of installed capacity. [12]
A 2019 analysis by the Norwegian water department indicates that the connection would be economically viable despite an increase of less than half a eurocent per kWh for Norwegian consumers. [14] [15] By 2019, the project had received all the most important marine and planning consents in the UK.
Studies for the UK–Irish interconnection date back to the 1970s when the Irish Electricity Supply Board first examined the possibility of linking the UK and Irish electricity grids. Further studies were conducted in the early 1990s and a joint study was recently conducted between Electricity Supply Board and National Grid plc with the support ...
The project partners for the main proposal are National Grid plc in the UK, Landsvirkjun, the state-owned generator in Iceland, and Landsnet, the Icelandic Transmission System Operator (TSO). [2] An alternative proposal by Edi Truell 's company Disruptive Capital Finance goes by the name "Atlantic SuperConnection", but it requires UK government ...
See also the List of HVDC project in Europe, which would eventually be part of European Supergrid. The project was announced in May 2007. [1] The installation of the first section of cable link started on 11 September 2009, [2] The entire 260 km (160 miles) cable was completed in October 2010. [3]
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. [ 17 ] In December 2020, EirGrid and RTE signed a €520 million European Commission funding agreement for the Celtic Interconnector.
In December 2019, contracts were awarded for the UK onshore construction works. [12] In July 2020, Viking Link announced that work had started on the 475 mile (765 km) interconnector. [13] Construction commenced with the building of an access road at Bicker Fen. [14] In February 2021, Balfour Beatty started drilling work for the project. [15]