The decision by UK energy regulator Ofgem to approve two new electricity interconnectors between Britain and the island of Ireland has been welcomed by outgoing Minister for Energy Eamon Ryan. One interconnector project, LirIC, will link Scotland with Northern Ireland via a 142km subsea cable and deliver 0.7 GW of additional electricity capacity. The other,…
Dublin, 12 November 2024 Ofgem announced today its minded to decision to award Cap & Floor regulation to the 750MW MaresConnect interconnector project as part of its Initial Project Assessment of the third Cap & Floor application window for electricity interconnectors. Ofgem’s review recognised MaresConnect for its potential to support cross-border energy security, renewable integration,…
The system alert means that the buffer between the demand for electricity and the available supply is currently below optimum levels. While the alert warns of potential future issues, it does not indicate a current loss of electricity supply to customers. A system alert often passes off without incident once a sufficient buffer between electricity…
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…
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,…