The UK Minister for Energy and Climate Graham Stuart signed a Memorandum of Understanding with the North Seas Energy Cooperation (NSEC) forum on Sunday (18 December). The move forms part of the UK’s commitments under the UK-EU Trade and Cooperation Agreement (TCA) and it will see the forum look to develop renewable projects across the…
Wind farms across Britain have set a second power generation record within the space of a week, producing 20,896MW of electricity on Wednesday 2 November. National Grid ESO said the milestone was achieved during a 30-minute period around noon when wind farms accounted for 53% of Britain’s electricity. On the same day, low-carbon sources –…
By 2037 there could be upwards of 5,000 jobs supported directly by the offshore wind sector located off the western seaboard, a new report has found. The sector could generate €400 million in gross value added (GVA) annually to the Atlantic region economy, according to the research commissioned by regional stakeholders and funded by Enterprise…
8 September 2022 Department of the Environment, Climate and Communications Response to consultation on Electricity Interconnection Policy MaresConnect Limited welcomes the Department of the Environment, Climate and Communications’ consultation on electricity interconnection policy published on 10 June 2022. We set out below our key points in response to the consultation and provide a detailed response to…
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…
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 electricity market fell significantly to an average of €143.27 but market analysts believe this was likely a temporary fall due…