The UK is the latest country preparing to implement emergency measures this winter as soaring gas and electricity prices fuel an energy crisis in Europe. The British government is prepared to trigger emergency measures in…
Dublin, 06 July 2022 – Ofgem’s licence grants MaresConnect the right to own and operate an electricity interconnector project in the UK and provides certain associated powers as a statutory undertaker. MaresConnect is a proposed…
Subsea interconnectors are a very discreet sector, it entails decade-long developments…but are developing fast and have become critical to increasing renewables penetration and enhancing energy security. They were originally developed around the North Sea and…
MaresConnect welcomes the publication on 10 June 2022 by the Department of the Environment, Climate & Communications (DECC) on Electricity Interconnection Policy. The consultation paper focuses on interconnection between Ireland and the EU and Great…
This was the most power ever generated by wind in the month of May and over the first five months of 2022 wind has provided 37 per cent of Ireland’s electricity. Prices on the wholesale…
London, 11 May 2022 • Funding secured for the project’s development to position MaresConnect as Ireland’s next interconnector • MaresConnect will make a major contribution to achieving Ireland’s 2030 environmental goals Foresight Group Holdings Limited¹,…