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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]
The interconnection will enhance security of supply and grid stability on both countries and create conditions suitable for the development of a new regional market. The European Commission expressed the view that European electricity markets would benefit from further interconnection investments.
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.
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]
A US State Department official confirmed to CNN that the agency commissioned the report as it constantly assesses how AI is aligned with its goal to protect US interests at home and abroad.
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]
A 2023 State Department report showed that there were only 1,275 intercountry adoptions, down from 1,517 the year prior. Although many factors contribute to this drop, ...