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,…
MaresConnect is a proposed 750MW electricity interconnector designed to link the Irish and British electricity transmission networks, enabling electricity transmission in both directions between Ireland and Wales. In Wales, MaresConnect will include a converter station near the existing Bodelwyddan substation in Denbighshire and underground cabling, which will be routed within the local road network and…
12 July 2023 MaresConnect Limited has applied to Natural Resources Wales (NRW) for a licence to undertake marine surveys to inform the design and routeing of the marine cable component of the potential Interconnector. The aim of the surveys is to identify environmental and technical constraints to be incorporated into a final marine licence application.…
Dublin, 24 October 2022 MaresConnect Limited has announced today that it has appointed the former Chief Executive of ESB, Pat O’Doherty, as Chairman and non-executive Director of its Board. MaresConnect is being developed by Foresight Group’s[1] energy transition fund, Foresight Energy Infrastructure Partners, and Etchea Energy [2]. MaresConnect is a proposed 750MW electricity interconnector linking…
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 750MW electricity interconnector linking the power markets of Ireland and Great Britain¹. The cable route is approximately 245km underground and…
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”),…