By Michael Barnard For decades, the world has been moving massive amounts of energy around using steel tubes running along the ground, under the ground and under water. The US alone has about 5 million kilometers of pipelines, which have about four years worth of total steel consumption for the country embodied in them. Now, of course,…
31 March 2023 MaresConnect Limited (MCL) welcomes the consultation on Ofgem’s proposed approach to project delivery delays as part of the timelines and incentives framework applied to the Third Window published on 24 February 2023 (the Consultation). We set out below our responses to each of the consultation questions. 1. Do you agree with the…
3 February 2023 MaresConnect Limited (MCL) welcomes the Department for Business, Energy and Industrial Strategy’s (BEIS) consultation on Capacity Market published on 9 January 2023 (the Consultation). We set out below some general points relating to interconnectors and their important contribution to the Capacity Market and request BEIS considers these points in making any changes…
Dublin, 28th February 2023 We are pleased to announce that MaresConnect has passed Ofgem’s interconnector Cap & Floor Window 3 eligibility criteria alongside six other projects. MaresConnect will now progress to the next stage which will involve a needs case assessment to determine which projects are in the interests of UK consumers. MaresConnect is expected…
The five interconnectors, which connect Great Britain with France, Belgium, the Netherlands and Norway, transported almost 12 per cent more power than in the same period last year, at an average of 91 GWh per day. National Grid reported that a total of 2.6 TWh of power was transported through its cables in January alone,…
Record additions of new wind and solar in 2022 helped Europe survive a “triple crisis” created by restrictions on Russian gas supplies, a dip in hydro caused by drought and unexpected nuclear outages, the analysis says. Around 83% of the dip in hydro and nuclear power was met by wind and solar – and falling…