Ofgem approves a new link between Scotland and NI and another between Wales and the Irish Republic.
Great Britain's energy regulator, Ofgem, has given the go ahead for two new electricity links between Britain and the island of Ireland.
Akshay Kaul, director general for infrastructure at Ofgem, said: “We’ve carefully assessed all the proposed projects and only approved those ones which deliver for consumers in terms of value, viability and energy security."Ofgem has approved a total of five interconnection projects which it said will add between £2 to £5 a year on individual consumer electricity bills in Great Britain over the years 2030 to 2055.
It gives the developers a minimum return and a limit on the potential upside for a 25-year period.It said the project will provide up to 700 MW of capacity between the Irish Single Electricity Market and the Great Britain wholesale electricity market.
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