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,…
The Powering Up Dublin Community and Business Forums bring together people and organisations from across the project area so that stakeholder, community and local businesses’ views can be discussed, understood and properly considered throughout the lifecycle of the project. This project will see up to 50km of cables being installed, with some cables replacing existing…
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, the listed sustainability-led infrastructure and private equity investment manager, has acquired a majority stake in the MaresConnect² interconnector project (“MaresConnect”),…
The plan will aim to boost UK energy production, including from renewable sources, in a bid to move away from Russian oil and gas. Boris Johnson has been holding talks with figures from the nuclear, renewables, and North Sea oil and gas sectors ahead of the launch. Ministers are also under pressure over soaring energy…
