This week’s issue of Current± Price Watch – powered by Enact – explores the International Energy Agency’s latest report forecasting significant growth for renewables, National Grid ESO’s planned reforms for grid connectivity and a newly proposed interconnector between Northern Ireland and Scotland.
Xlink’s project aiming to connect the UK with Morocco via a power line has received investment from Abu Dhabi National Energy Company PJSC (TAQA) and Octopus Energy.
The Department for Energy Security and Net Zero (DESNZ) has announced the construction of the world’s largest multi-use electricity power link between the UK and Netherlands.
In our weekly issue of Current± Price Watch – powered by Enact – we take a look at Britain’s interconnector plans, the approach of the end of the ESO’s Winter Enhanced Actions options, and passing on the drop in wholesale prices to consumers.
A 1.4GW proposed interconnector, which was set to connect Scotland’s electricity network with Norway, has seen its license application refused by the Norwegian government.
The UK and France have signed an energy-based partnership that could see electricity interconnection capacity between the two countries increase by up to two thirds.